- Dow fell around 800 Point's Yesterday.
- Dow future are up 1% now.
- So SGX Nifty was recovered a bit from lows.
- Now trading near 11700.
- Today is the Monthly Expiry.
- So it's expected to be quite a Volatile trading session.
- U.S VIX has crossed 40 , India VIX is likely to cross 30 this depicts the Volatility we have to face.
- 12000 seems to be quite a big Resistance now and according to me it won't be crossed so early.
- Trade remains to sell on Rallies.
- Sell off's are quite sharp and violent.
- FII's have turned net sellers and sold quite a big amount Yesterday.
- DII's are constantly booking profits at higher levels.
- World markets are worried about the 2nd wave of Corona virus.
- There has been no development in Vaccine now.
- Stimulus cancelled until U.S Elections.
- All bad news are striking markets door now.
- Traders need to be highly cautious now.
- Specially option writers need to very cautious.
- Whatever it is , settle your Positions Intraday
- As the gap ups and gap downs may be quite large in risking VIX Environment.
- Nifty might trade between 11580-11820.
- First hour in very critical today.
- If we break Yesterday's low there will be huge sell off again.
- If we don't , thennwe may expect a Consolidation and trading based on global markets.
- 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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