- US markets closed Negative on Friday.
- Asian Markets are mostly flat today.
- SGX Nifty is down 10 Points.
- Fridays are becoming highly Volatile now.
- I'm observing this from quite few weeks now.
- Bank Nifty collapsed more than 600 Points on Friday in less than 30 Minutes.
- I was Relaxing and preparing for the weekend😃 but this fall caught the attention.
- After due research there was a news found.
- There were some tensions at India Pakistan border due to which there was a fall in Major indices.
- Maybe due to this news there was a fall.
- But by the end of the day things stabilised a bit on Nifty while Bank Nifty continues to lag.
- IT Stocks and Reliance look good and are Supporting Nifty.
- Option sellers need to be very careful while reading in Monthly expiry contracts.
- Premiums are too low and the Vega (Volatility) effect is quite high.
- Better to sell Stock options or trade in next Month options.
- Markets make a 200-300 Point move on Monthly Expiries.
- Will look to play that move after confirmation.
- As of now there is no indication of that sorts.
- Presidential Elections in U.S.
- Corona Virus Cases topping everyday.
- More than 1 Lakh cases on a daily basis.
- Section 144 Imposed in Mumbai and Rajasthan.
- India has failed Miserably to deal with Corona Virus pandemic.
- While most of the countries have reduced the fear to a lot of extent but we are unable to control.
- Nifty might Trade between 11420-11580 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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