- U.S Markets closed flat yesterday.
- 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.
- Premiums are too less and selling options isn't favorable now.
- Any fresh option sell positions should be avoided.
- I'm just trailing stoplosses for the positions I have taken before.
- Avoiding to enter into any fresh positions as of now.
- India VIX is below 15.
- India VIX below 15 indicates a Bull Market.
- Higher premiums can continue for a long time and lower VIX and lower premiums can also continue for a long time.
- Markets are in a consolidation phase right now.
- 18200 is a strong support and I don't expect this to be broken for weekly expiry.
- One can consider building long positions close to such support zones.
- All the trades come with stop-loss so one has to follow strictly.
- Before Inflation event I was bearish but I turned bullish after the event and had covered all of my losses and now in net positive.
- One has to react swiftly if you are into trading business.
- Nifty might trade between 18250-18450 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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