- U.S Markets crashed yesterday.
- Right now Dow futures are slightly higher.
- SGX nifty is higher & trading at 15700.
- Asian markets are mixed.
- Yesterday as well there was a huge gap up.
- Today as well we are about to open lower.
- Yesterday as soon as Markets opened there was a recovery towards the later part of the day.
- Our market is reacting totally to the Macro news and events.
- Today we are set to have U.S GDP data in the evening.
- This will drive the further positioning of the traders.
- Yesterday during the Market hours Dow futures recovered
- European markets inched higher and then short covering began in our markets.
- Today's gap down would once again test the option sellers.
- Huge Open interest was added yesterday in put options.
- 15600 and 15700 PE were written aggressively.
- In this Kinda scenario it's better to keep as lighter positions as possible.
- As this gap up gap down is trapping the traders.
- Plus we have an event tonight.
- This Volatility in our markets is due to Volatility is U.S market.
- Dow was up 400 points at one point of time and then closed 400 points lower.
- Nifty might Trade between 15600 to 15900 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...
Comments