- 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 higher Yesterday 2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically. 9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country...
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