- US markets closed lower Yesterday.
- Yesterday when our Markets were Trading , U.S Futures were down more than a percent.
- Yesterdays closing in U.S was somewhat better.
- The reason why we fell so much Yesterday was some expiry related issues.
- All the Put writers were trapped as its the expiry.
- Which leads to a big crash.
- So expiry days if major levels get taken out one should expect big Moves.
- Asian Markets have recovered some of their losses.
- SGX Nifty is Trading near 11750.
- Volatility will be quite high until the U.S Elections.
- One should always hedge postions.
- Without hedge and without Stoploss it can create disaster.
- I know many Put writers who lost 30-35% of the Capital due to Stubborn attitude.
- Also Big sharp falls like Yesterday in Bull Markets is a great Opportunity to enter into.
- In Bull Market , Bears Generally have only 1 day to enjoy.
- Bulls come back swiftly and roaring.
- Last Expiry too (September End) Nifty crashed but then went up 1000 Points.
- Nifty might Trade between 11680-11840 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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