- US markets closed higher on Friday.
- Asian markets are higher.
- SGX Nifty indicates more than 100 Point gap up as of now.
- Thursday it was a big down , today a big gap up.
- Volatility continues to be extreme.
- India VIX was up on Friday which is natural when Market goes lower.
- Today's gap up is majorly due to good Job numbers posted in U.S
- Market is being Volatile but is Trading within the range.
- Rangebound Approach is to be adopted for making money in this Market.
- Mean Reversion strategy should be used by students attended training from me.
- The primary range is 14800 to 15200.
- Broader range is 14500-15200.
- Take counter positions near extremes and apply Mean Reversion.
- Fundamentals data from China is also good.
- They have reported good Export Import data.
- It's March End and it's Financial Year closing time.
- Squaring up of positions , booking profits etc are natural in such scenario.
- Volatility can increase as we go ahead in March series.
- Nifty might Trade between 14920-15140 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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