- US markets closed lower Yesterday.
- Stimulus has been delayed and there has been no news.
- So due to this there was some profit Booking.
- Asian markets are mostly Negative.
- SGX Nifty is Trading near 12000.
- Meanwhile , Infosys has come up with Terrific results.
- Wipro results were not that Great so we Witnessed profit booking in IT Stocks Yesterday.
- Infosys results look very good.
- Will be Noteful to see how the stock will react to the same.
- First hour is very critical for our Markets today.
- If we spend some time above 12k then possibilities of 80-100 points upward movement open up.
- 12000 CE has got the highest open interest in weekly options.
- Yesterday Market reversed significantly in last hour.
- Nifty and Bank Nifty Rallied by a percent each.
- Generally Expiry days we witness some big Moves.
- Today's movement will be Noteful to see.
- Momentum is so strong towards Upside.
- Trade remains to sell Puts once we cross 12k and Sustain.
- If we do not Sustain above 12k then ITM Straddles for today's Expiry would work.
- Nifty might Trade between 11920-12080.
- 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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