- US markets closed at fresh all time high Yesterday.
- Dow Futures are now mildly higher.
- SGX Nifty is trading around 14850.
- Markets have been fairly Rangebound for last Expiry.
- India VIX has also fallen.
- Options Premiums indicating a fairly ranging Market ahead with a positive bias.
- Yesterday U.S announced waiver of Intellectual property rights on Vaccines.
- This has come as a positive news and after many days of selling by FII's , Yesterday was their first significant buying day.
- Weekly jobless claims came better than expected and lowest post pandemic figure.
- This is a very important data reported by the U.S.
- Today HDFC twins are set to declare results.
- Market expecting good numbers from both these stocks.
- These both stocks will decide today's action in indices.
- Do not carry Positions over the Weekend without hedge.
- This week's expiry is a truncated expiry as we have only 4 working days as Thursday being a holiday.
- So options premium are low already.
- Fed made a statement saying there is a significant rise in asset classes and they are vulnarable for a sharp correction.
- RBI had come up with a similar statement when Nifty at 12k saying there's excess liquidity due to which Markets are higher and fundamentals not that great.
- But Market went to 15k.
- In Bull Market all the Negative news get ignored and in Bear Market it gets Amplified.
- Nifty might Trade between 14680-14940 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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