- U.S Markets at one point of time were down 850 Points.
- But has recovered 300 Points in last 30 minutes.
- Right now , Dow Futures are higher.
- SGX Nifty is Trading near 17450.
- Hong Kong Markets are at 52 week low.
- Dow is down 2000 Points from all time high.
- Yesterday it was a highly Volatile session.
- Nifty opened lower , recovered during the day and then came severe selling.
- Nifty closed towards the lowest point of the day.
- Last 30 minutes it was a panic selling in the Markets.
- What was more difficult was rising VIX.
- Yesterday everything was down except the VIX.
- VIX was firmly in Green throughout the day.
- This rising VIX created lots of problems for option sellers and Yesterday was a difficult day to handle.
- 17500 strike price has the highest open interest.
- Lots of straddles have been added here.
- 17500 Combined premium is about 230₹.
- Option writers expecting 17270 to 17730 range for the Nifty for this expiry.
- 17250 is a strong support for our Markets now and 17500 should act as a resistance.
- Expecting VIX to come down slightly today.
- Nifty might Trade between 17250 to 17500 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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