- US markets closed Flat Yesterday.
- Asian Markets are mostly in Green.
- SGX Nifty is up 80 Points near 11450.
- Yesterday our Markets Witnessed big selling pressure.
- Indo - China border news and also SEBI new Margin frameworks were the root cause for the same.
- India VIX was up 22% Yesterday.
- Put options prices rose to 10 X Intraday.
- This is a one off day and usually doesn't happen many times.
- Expecting Markets to be very Volatile today as well.
- Today also in the first half bears will try to sell every rally.
- If you get follow through on the short side you should go short.
- If there is no follow through and Markets cross the day high then we can withess short covering.
- So one should be prepared to trade both sides today.
- GDP data was also very bad and not as per Expectations.
- The Million dollar Question is?
- Has the Trend changed or is it just a Single off day?
- According to me it's a Single off day.
- In Bull Markets sharp corrections like Yesterday present buying Opportunity.
- Bears stay happy only for a day but Bulls take over again.
- So use these hard sell offs to build long Positions.
- Nifty Might Trade between 11340 to 11500 today.
- stockmarketadvisory.in
1.U.S Markets closed higher Yesterday 2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically. 9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country...
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