- US markets ended Flat and recovered a but of losses.
- Asian markets too recovered a bit from the lows
- SGX Nifty is up by 70 points & trading close to 13k.
- Markets witnessed heavy profit booking Yesterday after opening at all time highs.
- Bank Nifty too wasn't able to sustain above 30k.
- This correction was a necessity because Markets were heating up.
- Markets were just rallying one way and this isn't good.
- Today is the Monthly and weekly expiry for November series.
- Today is going to be highly Volatile than ever.
- Option writers particularly selling Intraday options of today expiry should be very mindful of that.
- This Market cab fall or rise too quick too fast.
- I would advice to keep a very low to begin with when entering any new positions.
- Yesterday DII's have sold for 1700+ crores.
- FII's have bought for around 50 crores only.
- This is the lowest number of FII buying for whole of the November.
- Before this FII's were contineously buying for more than 2000 crores on a daily basis.
- VIX rose 8% Yesterday and now is Trading near 22.
- Slowly it's inching higher.
- Nifty might Trade between 12820-13080.
- Big range as its Monthly expiry day.
- stockmarketadvisory.in
- Question of the day by MR. Vinay - I trade In all the Segments , Options , Futures , Equity Cash etc but haven't benefitted from any. What should I do?
- To Master yourself in Trading you need to pick a particular segment. I am purely an option Trader I've mastered it and I trade mostly on Nifty. Bank Nifty and Equity options is done only when large Opportunity exists. Even when you trade in Stocks it's important to select a few stocks which matches your trading style.
- Some stocks are highly Volatile , some are rangebound while some move with the Market. My expertise lies in analysing the Market so I prefer stocks which moves in sync with the Market.
- Likewise, you need to make a portfolio of your trading stocks. It's important only to make money not important from how many different stocks you make.
- Even if you trade in a single stock everyday but are able to analyse it's price movements you are doing very well.
- So in short , select and stick to a specific area and master it.
- Do not be a Jack of all and master of None in Trading.
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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