- US markets closed higher yesterday.
- Asian markets are flat.
- U.S futures in red now so SGX Nifty is almost flat
- Yesterday night it was higher.
- SGX Nifty is down slightly.
- So markets are expected to open flat.
- Option writers like Markets to open flat specially on Expiry days.
- Global markets are highly Volatile and are giving big Moves on both sides.
- Stocks like SBI, Axis Bank fell nearly 20%.
- SBI once again below Rs 200.
- Yesterday afternoon news came that Silver lake is investing in reliance retail.
- Reliance bounced back from lows and recovered the Market.
- Expecting a flat to negative expiry today
- Today one more major news is supreme court hearing on banks interest.
- That will create high Volatility today.
- Option writers should be careful today.
- Look to take Minimum Quantity at first with fixed Stoploss and dont keep positions open till 3.30
- Nifty might trade between 11200-11380.
- 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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