- U.S Markets closed higher Yesterday.
- U S markets are closed today due to Holiday week of Christmas.
- Right now Asian markets are mixed.
- SGX Nifty is at 17150.
- Yesterday after many trading sessions for the first time we had a stable Expiry.
- Nifty traded flat and within a range.
- The most important factor is India VIX.
- India VIX has crashed 12% in last 2 trading sessions.
- Now India VIX is close to 15.
- India VIX close to 15 indicates a stable Market.
- With not much big moves in store.
- Anyway due to a holiday week we would not be having much volumes today.
- Yesterday we had the lowest volumes of last 1 year.
- Hence Market was flat.
- Premiums are already too low now as we are in the final week of monthly Expiry.
- Time decay would also be fast considering 5 trading sessions left
- IT stocks are looking quite strong.
- Infy and Tech M have hit fresh all time high yesterday.
- The magnitude of FII selling has also come down in last 2 trading sessions.
- They have sold for less than 1000 crores in last 2 days each.
- Nifty might Trade between 17000 to 17200 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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