- US markets closed lower Yesterday.
- Witnessing Mild profit booking as Stimulus deal talks are on the way.
- Asian markets are also witnessing slight profit booking.
- SGX Nifty is now Trading near 13500.
- Yesterday our Markets broke the Resistance of 13500 and closed higher.
- This was due to big Unwinding of call options near 13500.
- All the Option writers have now shifted to 13600.
- Yesterday some Index Heavy weights managed the Markets on the upside.
- HDFC Bank , Reliance are the major contributors.
- Today is the second weekly expiry .
- Remember this series has 5 weekly expirys.
- Vaccination has also been started in U.S
- There were some videos Circulating of people being Vaccinated.
- However there are still rumours about credibility of Vaccine.
- But according to me Markets are not looking at all these news.
- Bull Markets climb the wall.of worry.
- As long as there are problems we rise whej every positive is being attended into.
- That's when Markets top up.
- So rather than predeciding it's better to follow the Market and the trend.
- Trend is strong on the upside & we are in a buy on dip Market.
- Be Thankful if you get a bigger dip.
- Nifty might Trade between 13340-13560 today.
- stockmarketadvisory.in
- Question of the day by MR. Nikhil.
- I'm a part time trader , I have my Job and also I trade when I get Opportunity. What should I expect from trading?
- Trading should never be your primary income. Trading is quite risky and not everybody can take risks. Plus trading requires Capital , Skills and contineous monitoring.
- Trading should always be one of the sources of income. Expectations should be that if should cover your monthly expenses.
- Your personal expenses , rent if any plus petty household expenses. Your salary everything should be into saving.
- If you keep doing this for longer periods you will be in a very good shape relating to finance.
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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