- 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 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...
Comments