- U.S Markets were higher Yesterday.
- Asian Markets and Dow Futures are flat now.
- SGX Nifty is Trading near 17500.
- Yesterday our Markets recovered all the losses of Monday.
- Most Importantly , India VIX fell 6% Yesterday.
- Fear has been subsided now for the short term.
- U.S VIX fell 10% Yesterday.
- Yesterday in the first half our Markets were highly volatile.
- Nifty futures fell below 17400 more than 5-6 times during the day.
- Yesterday when our Markets were trading , Dow futures were higher by 200 Points.
- This subsided the fear in our Markets.
- Yesterday it was a highly Volatile session.
- For this Expiry each and every day has been highly volatile and uncertain.
- Expecting today to be a rangebound day.
- As this Expiry has already been volatile , Wednesday might not be that volatile as they used to be.
- Both FII's and DII's were net buyers yesterday.
- 17500 strike price has the highest open interest in weekly expiry.
- 17300 which was the yesterday's low is a good support for us.
- 17630 is a strong resistance for this expiry.
- I expect Nifty to expire within this range for the this Expiry.
- We have a global event lined up tonight that is FOMC meeting.
- They would be talking about Tapering etc.
- So I advice not to carry heavy positions home for tomorrow.
- Nifty might Trade between 17400 to 17650 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...
Comments