- U.S Markets closed lower yesterday.
- Right now , Dow futures are higher.
- Asian markets are mixed.
- SGX Nifty is down 50-70 Points.
- Yesterday it was a very unexpected trading session.
- As it has been happening most of the times
- Nifty opened 150 points higher.
- Was steady throughout and was slowing inching higher.
- At one point of time , Nifty was higher by 300 points.
- Last 1 hour only to fall by 150 points.
- There was no reason for Nifty to be 300 points higher yesterday.
- When all the Global markets were flat / negative.
- These are erractic price movements.
- Markets have been moving everywhere between 17400 to 18100.
- We have Fed decison today.
- Expect Volatility to increase before Fed decision.
- U.S VIX closed above 27 yesterday.
- India VIX was still at 19 yesterday.
- Option premiums yesterday crashed on both calls and puts.
- Put premiums crashed by 50-60% and calls did not go higher proportionately.
- Surprisingly, there has been high open interest addition from 17500 to 17800 PE.
- Hardly any calls have been written.
- Market participants believe Fed event has already been factored and markets should go higher after the event.
- But if vice - versa happens markets will crash as put option writers would face heavy losses
- Nifty might Trade between 17600 to 17900 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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