- U.S Markets closed flat on Friday.
- Asian markets are mostly mixed.
- SGX Nifty is flat.
- Nifty is likely to have a flat opening today.
- This is good for positional option sellers.
- I do sometimes carry positions overnight.
- As an sellers to make above than normal returns one has to Carry positions.
- Last 1 year was very difficult for positional option seller.
- As there was no trend in the market.
- Market was reversing and breakouts failing.
- Sanity has prevailed in last 2 months and markets have become normal to trade.
- After the Inflation numbers there was a huge short covering rally in the world markets.
- Now we can expect a bit of consolidation after such a huge rally.
- Then we would be looking at the next leg of unmove.
- Markets cannot rally in a straight line.
- Even if it rallies one way it isn't good and healthy.
- Markets go higher only when more shorts are there in system and they are trapped.
- Yesterday Moodys came with a negative note regarding economy.
- Last 5 years whenever moodys have become bearish markets have rallied.
- As RJ said , "If I had listened to economists I would have never made money"
- Holds true forever in the history of stock market.
- Big bull run is ahead of us.
- Nifty might trade between 18250 to 18450 today.
- Generally Mondays are trending days.
- stockmarketadvisory.in
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