- US Markets closed Higher Yesterday.
- Right now , U.S Futures are up 0.5%
- SGX Nifty is Trading near 14k.
- Asian markets are positive.
- That is indicating fresh all time high for Nifty.
- Same old story.
- DII's selling , FII's buying.
- Market giving big gap ups.
- Touching fresh highs almost on daily basis.
- 14000 CE has the highest open interest among call options.
- Now if this level gets crossed today itself , the option writers will look for cover.
- This might take markets much more higher.
- Nothing much to say.
- Trend is so swift on the higher side.
- We are in a Bull Market.
- Every dip is a buying Opportunity now.
- We have recovered all the losses.
- Markets make big moves in Month end.
- So sticking to Stock option selling.
- Avoiding Nifty & Bank Nifty now.
- Sold lot of put options in banking stocks yesterday.
- Time decay will be very fast as expiry is near.
- Nifty might Trade between 13920-14060 today.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20. stockmarketadvisory.in
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