- U.S Markets closed higher Yesterday.
- Asian markets are slightly higher too.
- SGX Nifty is up 80-100 points
- Yesterday was kind of a rangebound session.
- Institutional activity was quite less
- FII's after continuous selling finally bought yesterday.
- Even though the amount isn't that significant of 500 crores thereabouts.
- 17600 short straddle has the highest open interest for today expiry.
- Calls and Puts have been sold at every level.
- This Indicates traders are not expecting a big move on the expiry day
- Due to any reason once market makes a big move then these writers will be in trouble.
- U.S Markets for very short run seems to have bottomed out.
- There was a ferocious selling in 3 days Nasdaq fell 6%.
- Dow Jones and S&P 500 also fell.
- From last two trading sessions situation has been stabilized.
- I feel today might be a consolidation expiry.
- August month has been very good for Bulls.
- Though Nifty was unable to cross 18k.
- This Month has given positive returns on index basis
- Nifty might Trade between 17500 to 17800 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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