- US markets closed higher Yesterday.
- Asian markets are mixed.
- SGX Nifty is Trading near 10700.
- In July series, Markets are Trading within range.
- Yesterday last hour Markets Witnessed huge profit booking.
- This is not Trend Reversal and just normal profit booking.
- Nothing to be worried and say crash is Approaching etc.
- FII's & DII's were net sellers Yesterday.
- I sold 10600 Put Yesterday Weekly Expiry when Nifty fell below 10700.
- Yesterday until 2.30 Bank Nifty was holding Nifty and was on a roll.
- Bank Nifty Couldn't Sustain above 23000 and Eventually collapsed from the high.
- Eventually leading to big sell off in Nifty.
- Bank Nifty range would be between 22200 & 22900 for this Expiry.
- Nifty might trade between 10650 & 10820 today.
- Flat Markets expected today.
- Do not expect any Big Moves on Nifty.
- Bank Nifty is a high Volatile index , exited all the Positions in Bank Nifty Yesterday with good profits.
- Trade for today is to by on dips closer to 10650-10620 on Nifty & sell near 10800.
- Do not trade in Weekly Expiry Options of Today , Trade in Next week Expiry options.
- Theta decay will be less.
- stockmarketadvisory.in
1. U.S Markets closed lower YESTERDAY. 2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation. 11. All these news have spooked the Global Markets. 12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday. 14. Although it doesn't impact us at all , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive 16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low...
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