- U.S Markets closed higher Yesterday.
- Dow Futures opened higher but witnessed slight profit booking in last 30 mins.
- SGX Nifty is trading around 15k.
- Yesterday it was a sluggish expiry.
- Nifty was trading at 15k for most of the day but Markets fell suddenly.
- Such sudden falls happen quite a lot of time on expiry days.
- May upto now has been a failry ranging month with just a few big moves.
- Expecting 200-300 one sided move on Nifty in this week.
- Bank Nifty is fairly dependent on SBI results today.
- SBI results would decide the future trend of Bank Nifty.
- I had taken a strategy on SBI which got exited yesterday by mistake.
- I take a lot of trades in Bank Nifty , Nifty etc so I just exit all the positions by clicking select all option.
- By mistake SBI trades were exited too.
- It got exited in Breakeven so I would advice all the readers if they are still into the SBI trade please exit.
- Fresh levels of entering the Stock may be given today after results or by Monday.
- Expecting the Volatility to increase a bit higher since it's the last week of May series.
- I've done 15k short Straddle at 300₹ yesterday for May series.
- This Straddle is safe up to 14700 and 15300.
- I'll be doing lot of adjustments too after taking straddle which obviously cannot be posted here.
- Nifty might Trade between 14920 to 15080 today.
- stockmarketadvisory.in
1.U.S Markets closed higher Yesterday 2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically. 9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country...
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