- US markets were closed Yesterday.
- But U.S Markets are Trading lower now.
- Asian markets are mixed.
- SGX Nifty is up by 30 Points.
- Yesterday Market was highly Volatile.
- From 12800 the Market show up to 13k in 2nd half.
- November was an Excellent bull run.
- Expecting December to be sideways / Consolidating at least for the first week.
- December is a long month with 5 weekly expiry.
- Yesterday FII's started buying again.
- They've bought for 2000+ crores.
- Today Evening GDP data is an important Data which would be out.
- This is an Important Data to note.
- This FII buying & Bullishness cannot go on forever.
- Time to be a bit cautious now.
- Nifty might Trade between 12920-13100 today.
- stockmarketadvisory.in
- Question of the day by MRS. Shweta
- What is a Trading Plan & how to prepare one?
- A Trading plan should consist of all the Important factors , notes and key levels to note.
- Important news like which company is coming up results , any major event lined up etc which needs to be watched should be noted in the Trading Plan.
- Analysis should be done before Market and in the Market you just need Execution.
- When Market opens and by watching Price action our Gut feeling takes over which is Disastrous for Trading . If u have a fixed entry point before Market opens you just have to wait for Market coming in your zone rather than just chasing the same.
- Also after the Market hours it's Important to review the same. Did my Analysis go wrong , what are the mistakes made today , what did I learn from today's Market etc.
- I've been doing this from around 8 years and still I do the same everyday.
- Where learning Stops , life ends.
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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