- US markets closed Flat Yesterday.
- U.S Markets have closed with a slightly Positive bias.
- Asian Markets are also Mixed.
- SGX Nifty is Slightly higher.
- Dow Jones has recovered more than 350 Points from Intraday low.
- At one Point , the selling pressure was really severe.
- SGX Nifty is up 80 Points.
- Yesterday too , Markets were highly Volatile.
- They were all over the Place.
- Markets will continue to remain highly Volatile as its Monthly expiry week now.
- As of now it doesn't appear a clear Direction for me.
- Markets are neither Bullish nor Bearish.
- Markets are Consolidating with high Volatility.
- Good news is that India VIX has reduced Yesterday.
- Usually as per past Experience Wednesdays are highly Volatile.
- Today also Markets are likely to remain highly Volatile.
- I expect Nifty to expire between 14600 & 15000.
- But I may be wrong too as the way Markets are moving , analysing direction is difficult.
- I'd look to sell Call Option near 15k for Nifty.
- Look to sell Put near 14600.
- Until then time to wait and watch.
- Nifty might Trade between 14640-14920 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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