- US markets closed at record highs & up 0.5%
- But Asian markets are not mixed.
- SGX Nifty is almost Flat.
- Yesterday for the first half Nifty traded only within 30 Point range.
- Second half was witnessed by massive short covering.
- Bank Nifty & Nifty were up significantly.
- I did mention in my previous blog that If 11500 crosses and sustains we would witness 11600 instantly.
- We are not far from the targets.
- FII's were net buyers yesterday but DII's were net sellers.
- Shared an SBI Strategy on Telegram and it's running at 6k profit per lot.
- Link of Telegram Channel
- https://t.me/moneymakingtrickss
- Today Expiry seems to be on the Bullish side
- But you never know with Monthly Expiries.
- Big Moves might also happen.
- As an Option seller we have stuck to Equity Option Selling and have avoided Nifty & Bank Nifty as Volatility is always high for Monthly Expiry.
- Today will look to sell on every dip.
- Bank Nifty has been Outperforming the Nifty.
- PSU banks looks strong and are joining the party.
- I have sold Out Options of all Banking stocks.
- Sold ICICI Bank 385 PE , HDFC Bank 1110 PE , Axis Bank 455 PE , SBI 205 PE.
- All are likely to open below 0.5 paise.
- Nifty might Expire between 11460 to 11640 today
- 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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