- U.S futures were down 2% in our trading hours Yesterday.
- This caused a big sell off in the Markets.
- U.S VIX was up 15% Yesterday.
- India VIX slowly inching higher.
- Market is collapsing quickly now a days.
- Reliance was a major contributor for Yesterdays fall.
- Reason of huge sell off in Reliance was Amazon had won the Arbitration case.
- Now U.S futures are mildly positive.
- SGX Nifty is Trading around 11825.
- The range of 11700-12000 continues to hold.
- Markets trading Violently within this range.
- As its monthly Expiry , Expecting a big move.
- Which side this move will come , time will tell.
- If Markets feel like Second Wave of Corona Virus is getting into India.
- The fall would be much more severe.
- Many foreign countries have been already witnessing second wave panic.
- India VIX if crosses above 30 then Option sellers should be very very careful.
- VIX above 30 indicates huge Volatility.
- Reliance is a big heavy weight in Nifty it has to perform well for markets to go higher.
- Right now it's just a ranging Market.
- Nifty might Trade between 11720-11900 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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