- U.S Markets closed slightly higher yesterday.
- Right now Dow futures are slightly higher.
- SGX Nifty is higher by 40-50 points.
- Nifty is likely to have a gap up opening today.
- Yesterday india VIX closed below 14.
- Premiums are too low now for options.
- Option sellers have enjoyed since last 2 months.
- This low premium environment can be dangerous one.
- Now its not the time to create any fresh naked positions.
- Expecting next event which could trigger an upmove could be the Gujarat elections.
- Elections are between 1-5th December and that could add up some sort of Volatility.
- Until then expect markets to be within range.
- Also near December end foreigners go on a holiday for Christmas.
- Volumes dry up a lot.
- Closer to budget by Jan we might see momentum pick up.
- Until then we have to tolerate such boring ranging moves.
- Previously, Nifty used to move 300 points in a day now it has reduced to just 100 points
- Texture of the markets keep changing.
- Those who adapt to it in the best possible way can make money over long periods.
- Else one event cab throw you out of the market.
- Nifty might expire between 18200-18400 today.
- Expiry moves after 2 pm can be fast and furious.
- So be a bit cautious.
- 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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