- US markets closed higher Yesterday.
- Right now Dow Futures are also higher.
- Asian Markets are mostly Positive.
- SGX Nifty indicates a gap up of 100 Points.
- It's amazing how the perception changes.
- On Friday when Market fell everybody was talking about Interest rates , Inflation etc.
- Now when Markets are rising , talk is about Stimulus , GDP etc .
- As I always say , Bears last for only 1 day in Bull Market.
- Bulls come roaring back the next day.
- Every Correction is an Opportunity to go long in Bull Market.
- Yesterday we fell a bit due to Intraday Volatility but then closed at the high Point of the day.
- Bank Nifty was volatile between 35000 and 35500.
- The Good news is that India VIX has fallen 10% Yesterday.
- Put Options premium fell by 70-80% for weekly options Yesterday.
- I'm looking to sell 14300 PE on every dip on Nifty.
- 15000 is a resistance going ahead and the next resistance is 15200.
- These 2 are important levels to watch out for on the upside.
- GDP data was at 0.4 on the Expectation of 0.5 which is not quite bad.
- Hence Markets reacting positively now.
- Nifty might Trade between 14820-15040 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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