- U.S Markets closed higher on Friday.
- Friday first half U.S Markets were volatile.
- In 2nd half Markets rocketed higher.
- Right now , Dow futures are lower.
- SGX Nifty is close to 18300.
- We are opening with a good gap up today.
- Asian markets are mixed.
- SBI has announced its results over the weekend.
- Results seem good but the stock has already scaled higher.
- Stock has already touched its 52 week high
- On the results day , movement of the stock depends on the demand & supply.
- It doesn't depend on how the results are.
- Next big event is the Inflation numbers of U.S.
- Until then Markets are trading based on momentum.
- Tomorrow is a stock market holiday.
- So traders won't like to carry positions today.
- Markets have turned extremely bullish from October.
- November has also started with a bang.
- I'm trailing stop-loss in long positions of futures.
- And shifting put sell options.
- Nifty might trade between 18150-18400 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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