- U.S Markets closed higher.
- Dow Futures are higher now.
- U.S has declared strong Jobs data numbers.
- SGX Nifty is currently near 14980.
- Asian Markets have mixed cues.
- Many times Nifty has come towards 15k but unable to cross and sustain.
- This time we have positive Global Cues but Negative Local Cues.
- Covid Cases are at record high in India.
- Maharashtra is highly impacted state.
- Many Restrictions and lockdown on weekends have been imposed.
- This week is quite important as we have lot of results lined up.
- Many companies are set to declare results.
- This will decide the short term trend in our Markets.
- India VIX closed below 20 on Thursday.
- Option premiums are quite low.
- Last week for a fantastic week for option writers as premiums fell across board.
- Always remember after a very good week we are quite likely to have very volatile week.
- After very Volatile week we might have a ranging week.
- March end expiry was highly Volatile.
- April 1st week was ranging.
- Now things might turn up to be Volatile.
- So time for option writers to apply caution.
- Nifty might Trade between 14840 to 15060 today.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20. stockmarketadvisory.in
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