- US Markets closed Higher Yesterday.
- Right now , U.S Futures are flat.
- SGX Nifty is Trading near near 13960.
- Asian markets are Mixed.
- Today is the last day for December series.
- 2020 has been a very Volatile Year.
- First we had big fall and then Fantastic recovery.
- 14k is a big Resistance & as of now we are defending this level.
- If 14k is crossed and sustained we will witness 14100 is no time.
- 13800 is a good support to work for today.
- So my Expiry range is 13800-14k.
- With a condition of BREAKOUT at 14k.
- Reliance has been consolidating is 100 Point range since last Month.
- For Markets to make higher highs from here Reliance has to perform.
- Union Budget would be a very Important event for Markets now.
- Projections , growth , deficit , Inflation etc would be some big numbers.
- I've sold 13800 PE & 14100 CE.
- Would be sitting in 50% gains today Morning.
- Would adjust my Positions accordingly based on Market Movement.
- Nifty might Trade between 13880-14040 today.
- stockmarketadvisory.in
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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