- U.S Markets closed higher yesterday.
- S&P 500 VIX crashed 10% again.
- Last 3 days , everyday U.S Market is closing positive and VIX is crashing 10% on daily basis.
- VIX crashing indicates stability in the Market.
- It indicates that from here on , Volatility will reduce.
- This reduces option premiums on both calls and puts.
- SGX Nifty is again indicating 150 point gap up today.
- Yesterday's Budget was a Non -Event for the Markets.
- Market went up due to Global cues.
- In between there was a huge panic selling.
- Which gave an excellent buying opportunity to go long.
- Budget didn't have anything new nor did it have anything bad for Stock Market.
- Because it was a Non event option premiums have crashed on both the sides.
- Yesterday all the option buyers have lost significantly.
- Option sellers have made returns of their life.
- From here on , I expect India VIX to crash further below 18 in coming weeks.
- Market is Bullish and every dip is a buying opportunity.
- Main event is out and now we will follow the Global cues
- Nifty might Trade between 17500 to 17800 today.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20. stockmarketadvisory.in
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