- US markets closed Positive after quite some time yesterday.
- Asian markets are also recovering.
- SGX Nifty is higher by 120 Points.
- Yesterday was the Most Volatile Expiry I've seen in my entire lifetime..
- Bank Nifty opened Positive then went down 1000 Points , recovered 1000 Points post 1 pm and then after 2.45 fell 700 Points.
- This type of Volatility is Unbelievable and quite insane.
- Yesterday I mentioned that my view is Bearish / Neutral.
- So the idea was to sell Call options and it made fantastic return Yesterday.
- Yesterday was the first month after March 2020 where Nifty has closed Negative.
- FII's have turned net sellers now.
- This is the time to stay cautioned.
- Look for Sharp bounces to sell Into.
- April is a long series and it has 5 weekly expirys.
- Yesterday we fell a lot more due to Expiry issues.
- Expecting Markets to recover around 14400-14500 in the short term.
- Nifty might Trade between 14220-14480 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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