- U.S Markets were closed Yesterday.
- Right now U.S Futures are slightly higher.
- Asian Markets are mixed.
- SGX Nifty is trading near 15600.
- Markets are going through a honeymoon period.
- Yesterday there a small dip in first 30 mins which had been bought into quite aggressively.
- We closed at the highest point of the day Yesterday.
- Now it seems that Everybody is Bullish.
- That's why I'm a bit worried and feel it's the time to be cautioned.
- A 200-300 Point correction can be a good opportunity to go long rather than chasing the rally.
- Yesterday as well India VIX closed below 17.
- Option premiums are too low now.
- Im not interested to sell any weekly options now in such low premiums.
- FII's are long over 90% at current levels.
- This shows that if any Negative news comes they might book profits and markets might fall.
- Reliance was the star of the show yesterday and was up 4%.
- Wait for dips to enter into & don't chase this Market.
- Bank Nifty offers good risk reward to enter near 35k.
- Nifty might Trade between 15460-15680 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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