- 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 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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