- U.S Markets were Slightly lower on Friday.
- Currently U.S Futures are Mindly lower.
- Asian Markets are Slightly Positive.
- SGX Nifty is Trading near 15k.
- On Friday , we witnessed a massive fall Intraday.
- It was an all round selling across all the Sectors and stocks.
- I've been observing , Monthly Expiry are highly Volatile.
- FII's didn't buy on Friday and DII's have been selling Relentlessly.
- This led to a greater fall.
- I have been selling Call Options of Banking stocks and 15300 CE & 15400 CE for Feb Expiry.
- Not expecting Markets to cross 15200-15250 for this Expiry.
- Markets are looking very weak in the short term.
- There are only 4 Trading sessions left for this expiry so Time decay will be much faster.
- Global Markets are also in a Consolidation with a slightly Negative bias.
- Any rally has been sold into Globally.
- So Temporarily I feel Markets have been topped out near 15250.
- This is the short term situation.
- Any rally needs to be sold into for Feb series.
- India VIX was up 5% on Friday.
- Premiums are quite attractive so sell Options due to higher India VIX.
- Nifty might Trade between 14860-15080 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...
Comments