- 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 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...
Comments