- U.S Markets closed slightly higher Yesterday.
- Right now U.S Futures are trading higher.
- SGX Nifty is trading near 15900.
- Asian Markets are mostly Positive.
- Yesterday we opened higher and we're consolidating in the first half.
- Second half we witnessed profit booking near all time highs.
- 15900 is acting as some resistance now.
- Specially for Bank Nifty all rallies near 35k have been sold into Aggressively.
- Bank Nifty from last 3 weeks is Trading near 35k.
- I had done 35k Short Straddle in Bank Nifty 2 weeks ago & Exited with 300-400 Points.
- Had i been holding till today it would've been 1000+ Points gain.
- This is how weak the Bank Nifty is.
- Reliance AGM is scheduled on Thursday.
- Mota Bhai might come out with some surprises.
- Never go against Mota Bhai.
- If Nifty has to cross 16k Bank Nifty should start performing and Reliance should less the rally.
- To make 16k Possible.
- Today is Wednesday and Markets are majorly Volatile specially on Wednesdays.
- Plus Premiums are already too low for Monthly Expiry.
- Option Writers are adviced to shift for next week's expiry or better exit positions and stay away until tomorrow.
- Nifty might Trade between 15760 to 15940 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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