- U.S Markets closed lower yesterday.
- It was a minor profit taking day yesterday Globally
- U.S Markets have been rallying from past many Trading sessions.
- So , profit booking cannot be ruled out.
- Right now Dow futures are higher.
- SGX Nifty is up 40-50 points
- Today is the final day of the Financial year plus all the contracts would expire today.
- Today we can expect some Volatility.
- From last few days , markets have been trading in a small range after gap up.
- Yesterday, Market tried to cross 17500 but failed and closed exactly near 17500.
- Expecting upper end of 17500 to be taken out in a couple of days.
- Today could be a ranging day with some Volatility.
- Inda VIX closed just above 20 yesterday.
- Expecting this to go down below 20 in the coming days.
- The good thing about yesterday's rally was the advance- decline ratio.
- Number of advanced were 1300 whereas declines were just 600.
- This broad based rally shows we have more room on the upside.
- 17500 short straddle has been added in huge Quantities in all expirys
- For today , April 7th and April end monthly expiry.
- Smart money isn't expecting big move soon and also as VIX keeps falling their confidence is increasing.
- Nifty might Trade between 17350 to 17600 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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