- U.S Markets closed mixed Yesterday.
- It was a high volatile session in U.S Markets Yesterday.
- Similar was the situation for Indian Markets yesterday.
- U.S Markets were up 300 points at one point of time and then they tested swing lows finally closing mixed.
- Indian Markets yesterday crashed in last hour and closed below 17k.
- India VIX shot up above 20 yesterday.
- Put premiums of all monthly options doubled in last hour itself.
- Such severe was the fall.
- SGX Nifty is now up 30-40 points
- Asian markets are majorly lower
- Today we will be having U.S Inflation numbers
- These could make or break the markets.
- Upto some extent I expect markets have factored in the same.
- Relief rally can be expected with possibility of a small downside.
- All the Bluechip stocks got sold heavily yesterday.
- IT Stocks opened higher after TCS results but got sold off during the day.
- Bank Nifty outperformed Nifty yesterday.
- I used yesterdays fall as an opportunity to sell monthly Puts 16400 and below.
- Expect U.S VIX to fall after Inflation numbers as well
- This could erode a large of option premiums.
- Nifty might Trade between 16950 to 17200 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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