- U.S Markets closed higher Yesterday.
- Right now Dow Futures are lower.
- Asian Markets are down.
- Asian Markets like Hang Seng & China recovered yesterday but now both are lower.
- SGX Nifty is trading near 15740.
- Yesterday we had a normal expiry.
- There were no big moves and market was highly rangebound.
- For whole of July series our Markets didn't go anywhere.
- We closed exactly at the same place we closed in June.
- June expiry Nifty was at 15800 and July expiry it's the same as well.
- Nifty traded in a very narrow range of 300 points for whole of July.
- Bank Nifty within a thousand point range.
- Consolidation is good for Bull Market in the Long run.
- My only worry is the Stocks are rising but the Earnings ain't catching up.
- Bull Market can run and can go high on hope but earnings have to catch up.
- If earnings are not catching up it's difficult for the rally to survive.
- Be very specific in this Market from now.
- Buying Junk Stocks can make you lose what you made in a matter of few weeks.
- This Market looks tired to me at higher levels.
- We need some trigger to get out of this range.
- FII's have been selling for more than 2000 crore on a daily basis.
- Market is withstanding the Heat only because of DII's & Retail people.
- Option sellers need to be extra cautious in this Market while carrying and selling options.
- Premiums and VIX are too low and any sudden news can shoot up the Premiums.
- Im applying a mix of sell and buy strategies with primary trade of buy side.
- Do not think of selling naked options in this Market.
- Nifty might Trade between 15640 to 15820 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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