- U.S Markets closed more than a percent higher Yesterday.
- Asian Market's are mostly higher.
- SGX Nifty is trading above 15300.
- Yesterday we had a Consolidation day after a big rally on Friday.
- Bank Nifty is outperforming Nifty.
- SBI in Particular has been outperforming after declaring excellent results.
- SBI results have boost the sentiment in Banking Stocks.
- I mentioned yesterday, we might hit fresh all time highs this week itself.
- There are huge short Positions still in the Market and these people will have to square off their shorts by the end of expiry.
- This will propell the Markets even higher.
- Bank Nifty has the highest shorting in the system.
- That's one of the reason of outperformance in Bank Nifty.
- FII's were net buyers Yesterday while DII's were sellers.
- Perhaps due to DII's selling market corrected slightly in last 30 mins Yesterday.
- U.S markets were in Consolidation due to inflation fears and Bitcoin crash.
- Yesterday Bitcoin was up 10% and Inflation fears also have been timid.
- This has again resumed the Uptrend in Global Markets.
- Do not try to "SHORT" this Market now.
- Just wait for dips and try to add onto longs.
- Yesterday as well Nifty gave an opportunity near Support of 15150 to enter.
- Today as well there will be an Intraday dip.
- Use this dip on your favour.
- I've sold 15000 PE , 15100 PE , 15050 PE , 14950 PE this week expiry.
- Have sold Bank Nifty 33000 PE , 34000 PE for next week as this week premiums are already low for Bank Nifty.
- Nifty might Trade between 15220-15380 today.
- Today if Nifty opens above 15300 then we will be just a percent away from all time highs.
- 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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