- US markets closed lower Yesterday.
- Asian Matkets are Flat with a Negative Bias.
- SGX Nifty is very Flat.
- Markets have been Highly Volatile for quite some time now.
- Yesterday Expiry was also the same.
- Directionless markets with high Volatility.
- Plus SEBI rules creating panic & volume changes in the Exchange.
- Traders should be very Cautious while dealing with such type of markets.
- Hedging is a must.
- The simple Strategy to Trade in such markets is to buy gap downs and sell gap downs.
- Buy Drawdowns and sell rallies.
- Because I do not expect the Markets to go very high from here nor expect it to crash a lot.
- Bank Nifty is still very weak and has not witnessed any recovery.
- It still seems to be a laggard.
- FIIs and DIIs both were net sellers in Cash market yesterday.
- DIIs have sold for more than 1000 crores.
- Now this is a big Number.
- Monthly Expiries can be even more Volatile & then some trending move might be witnessed by Tuesday Afternoon.
- Nobody knows what will happen , let's see.
- HDFC Bank is showing strength but all the Remaining PSU stocks look very weak.
- IT & Reliance continue to be the Pillars of the Market.
- I'm neither a Bull nor a bear as of now.
- I'm taking non Directionless bets with hedge.
- Will become a direction trader when Market gives me such indication.
- Nifty might Trade between 11460 to 11620 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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