- US markets were up Yesterday.
- S&P 500 was up 2% and Nasdaq up more than 4%.
- U.S Markets have given a clear breakout Yesterday.
- SGX Nifty is now Trading around 15250.
- Both FII's & DII's were buyers Yesterday.
- Not only they were buyers but they have bought Aggressively.
- Expecting 2nd half of March to be fairly Bullish.
- Do not sell options for March series.
- Market might shock you on the upside.
- Bond Yields in U.S have lightened up and this will give Financial sector a boost.
- Also there has been a big amount of short covering at higher levels.
- 15100 , 15200 have added more interest.
- All these are likely to be trapped today.
- They can propell Markets higher in coming time.
- I'm selling 14000-14500 Put Options for Monthly series as of now.
- To hedge it one can sell 16000 CE.
- For short term I feel we can touch 15500.
- Consult your Financial advisor before taking any Position.
- Nifty might Trade between 15120-15320stockmarketadvisory.in today.
- Dow up 300 Points.
- Asian markets are mostly weak.
- SGX Nifty is higher, trading around 15060 now.
- Yesterday Markets did gap up but then got sold off then recovered again sold off and closed almost flat.
- It was a highly Volatile intraday session but on a close to close basis Market was up only 18 points.
- Bank Nifty is taking support at 35000.
- This seems to be a strong support area.
- The concern now for Bulls is even FII's have started selling now.
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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