- U.S Markets closed lower in previous two trading sessions.
- Asian markets are lower.
- SGX Nifty is down 350 points near 17500.
- Now why such huge gap down?
- I don't know. Infact nobody knows.
- Everybody is just guessing as of now.
- Tuesday was a shocking and surprising market move.
- Markets kept on rallying higher and higher without any corresponding news.
- It took everybody including me by surprise.
- Now this gap down is another surprise.
- Option sellers specially naked sellers are having a very painful time.
- Thank fully we just have spreads and no naked positions.
- Volatility is getting out of order now.
- That too when it happens with huge gap openings.
- After such huge gap down , shorting goes out of order.
- Look to buy once 17500 is crossed on Nifty with a stop at days low.
- Do not carry positions in these kind of markets.
- FII's bought heavily on Tuesday.
- This could be an eye wash so they could load higher junk to retail in future.
- Im very skeptical about Tuesdays move and also today's gap down.
- Sometimes , overthinking doesn't help and accepting markets the way they are is the only solution.
- Switch off your brains and trade price action , risk reward that's the only suggestion.
- Nifty might Trade between 17350 to 17700 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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