- U.S Markets closed Flat Yesterday.
- Dow Futures are flat.
- Asian Markets are flat.
- SGX Nifty is also flat at 16370.
- Yesterday we had a good strong expiry.
- In the Blog Yesterday, I had mentioned I was expecting a Rangebound expiry with a positive bias.
- Yesterday's expiry happened exactly the same.
- Smart option writers made huge money yesterday.
- Slowly but steadily market is inching higher.
- It's surprising to see markets going up in straight line.
- Usually we see big scary corrections in Bull Market.
- This Bull Market hasnt witnessed a correction above 5% at any point of time.
- This is what worries me , Market going up or down in a straight line is not good.
- When Market falls in future it will be equally severe.
- That's In future , but in present this Market is looking strong.
- Momentum is with Largecaps and money is shifting from Small Cap / Midcap to Large Caps.
- Option Buyers are not getting much from this Market.
- Movement is there but it's quite slow.
- India VIX is now below 12.
- Option Buyers will have their time but once in 2 weeks (Like they made money when Nifty brokeout of 16k)
- Option sellers should be vary of that move and be smartly making money in Consolidation phase.
- Nifty might Trade between 16260 to 16440 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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