1. U.S Markets closed higher Yesterday.
2. Right now U.S Futures are lower.
3. Gift Nifty is flat.
4. We are going to open below 19700 today.
5. Asian markets are mixed right now.
6. All the U.S Futures are trading in Red right now.
7. Yesterday markers were slightly volatile.
8. Most of the time markets traded in a range.
9. There was some buying interest visible Yesterday
10. Good thing is after many trading sessions, markets have stabilized.
11. Last week the markets were mostly trading lower.
12. India vix is close to 10 which is the lowest in history.
13. Consolidation is good for the markets.
14. Consolidation with Volatility is even better as it indicates markets have either topped or bottom out.
15. Seems like markets are forming a base near 19600.
16. Yesterday there was midcap expiry and 1rs calls and puts went up 20-30X.
17. These new instruments are highly risky to trade.
18. Better to stick to traditional instruments like nifty & Bank nifty
19. Nifty might trade between 19600 to 19800 today.
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