- U.S Markets closed lower Yesterday.
- Right now Dow Futures are also flat.
- Asian Markets are very Volatile.
- Particularly Hang Seng and Chinese.
- As of now it looks like the fall has been stabilized over there.
- SGX Nifty is Trading near 15800.
- Earnings season in U.S has been particularly good.
- Many companies have declared fantastic results.
- This is not the case in India.
- Indian Companies have majorly declared poor results and below expectations.
- Majority of the Stocks have fallen after declaring results.
- Yesterday Doctor Reddy fell by 10% Intraday due to poor results.
- Doctor Reddy 4950 PE went from 0.25₹ to 196 yesterday which is 1,20,000% higher.
- That's why I always advice to avoid Stocks and stick to Indices , Nifty and Bank Nifty.
- I know some People who sold Put options of Dr reddy and they have gone bankrupt.
- Those leverage traders who were long also faced big losses.
- Stocks tend to be Highly Volatile and one needs to be highly careful.
- 15800 CE on Nifty has the highest open interest.
- This looks like Market might face resistance at these levels.
- Expecting range to shift from 15600 to 15850 for coming 2 days.
- Nifty might Trade between 15680 to 15840 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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