- 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 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...
Comments