- US markets closed yet at record highs.
- Asian Markets are flat.
- Although U.S jobs data wasn't upto the Mark , Markets are keeping their Momentum alive.
- The trend is:
- Market opens with a gap up , some profit booking comes and it gets bought into and Ultimately Market closes higher.
- This is the Scenario from past few Months.
- Good Corporate results , Vaccination and Passing of Stimulus are key Positives.
- NIFTY has rallied from 13600 to 15150 in 6 trading sessions.
- Bank Nifty from 30000 to 36000 in the same period.
- Auto Stocks also started performing Yesterday.
- Maybe due to Opening of Tesla Electric Plant in India , these Petroleum and Diesel Automobile companies are under pressure.
- 15500 Straddle has the highest open interest in Monthly Options.
- Expecting Markets to Consolidate near 15500 which is also 400 Points away from current level.
- So we have an upside potential of another 400 Points on NIFTY from here.
- Bank Nifty 37500 Straddle has highest open interest.
- So this level seems to be a mean for Feb month.
- Nothing more to preamt.
- We are witnessing one of the Greatest Bull Market of all time.
- Just follow the trend.
- Buy dips , do not do anything fancy.
- Stay in the game and let Market reward you.
- Nifty might Trade between 15080-15320.
- 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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