- 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 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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