- U.S Markets closed higher yesterday.
- Asian markets are mostly higher.
- Dow futures are higher right now.
- SGX Nifty is higher by 70-80 Points.
- Yesterday was a highly Volatile trading day.
- It wasn't just volatile it was an unexpected trading move
- Yesterday the Bank of Japan announced that it would be tweaking its policy.
- There wasn't any change announced and it was just announced of a change in the policy.
- As soon as this got announced markets began to crash.
- Japanese index Nikkei fell 1000 points in no time.
- Dow futures turned more than a percent negative.
- Our market also started to fall in the morning.
- I took the opportunity and sold put options 18k and below for monthly series.
- Nifty found support near 18200 and bank nifty took support near 43k.
- Both quite important support levels were held yesterday.
- I feel yesterday's low should be the bottom for December expiry.
- Both for nifty and bank nifty.
- Yesterday Both FII's & DII' s were net buyers.
- Any sort of larger dip , traders are ready to buy.
- Nifty might trade between 18350 to 18650 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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