- U.S Markets closed flat yesterday.
- Right now Asian Markets are lower.
- SGX Nifty is flat at 18260.
- Yesterday it was a surprise rally in our Markets .
- From past 1 week all the gap ups and rallies have been sold into.
- Yesterday the Markets reversed and witnessed some short covering towards the end.
- Nifty closed at the highest point of the day.
- India VIX fell 6%.
- It was a dream day for option writers.
- Today will be an Equally volatile and difficult day for option writers.
- Wednesdays are generally highly volatile and Market turns violently on both the sides.
- Yesterday because of some good corporate results Nifty outperformed Bank Nifty.
- After Market hours Axis Bank has come out with results and it were better than expectations.
- Banking stocks have run up too quick in last week so have to see the reaction of the stock.
- 18000 seems to be a strong support now for our Markets.
- For November Month as well , highest open interest added at 18000 PE.
- Expect Nifty to expire between 18100 to 18350 now.
- I had mentioned Nifty had bottomed out at 18050.
- On Intraday basis it fell below 18050 for a brief point of time but never closed below the level.
- Nifty might Trade between 18100 to 18350 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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