- U.S Markets closed at another record high Yesterday.
- Dow futures are slightly positive currently.
- Asian Markets are mostly lower.
- That's the reason SGX Nifty is almost flat.
- From Last 3 days , Markets have been going higher in the first half or opening with gap up.
- Throughout the day and majorly in second half selling starts.
- FII's have been selling aggressively since quite some time now.
- DII's however on the other side have been pummping huge funds to support at lower levels.
- In spite of FII's more than 1000 crore on a daily basis , our Markets are just a percent away from record highs. (Nifty)
- Bank Nifty looks in a very indecisive zone since quite some time.
- Bank Nifty has been trading near 35k since quite some time now.
- I've taken December 35k Straddle for Bank Nifty and sitting with around 400+ points profit per lot.
- Auto Sales data is expected to arrive today.
- Auto Sales data might be slightly higher than previous month.
- This might be due to the partial lifting of lockdown.
- Generally Expiry days are inside days.
- Markets trade within previous day's range.
- Also when Wednesday's are Volatile , the next day of Expiry is generally flat.
- Yesterday we had slightly higher Volatility than usual.
- Markets are just Consolidating as of now.
- 15700 PE has the highest open interest among put options and 15800 CE and above among call options.
- Nifty might Trade between 15680 to 15840 today.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20. stockmarketadvisory.in
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