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Welcome May !! (26th April 2024)



1. U.S Markets closed lower Yesteday.
2. All the indices were down. 
3. Asian markets are all mixed.
4. In the first half U.S Markets were down by 700 points, but it recovered towards closing to 350 points.
5. Markets have announced results post market and its up 4%
6. Yesterday the culprit was META stock.
7. It was down 15% Yesterday. 
8. Yesterday's expiry was also filled with lots of surprises.
9. Markets were flat upto 1 pm and then sudden short covering happened.
10. Nifty was up 200 points in 2 hours.
11. These type of crazy stuffs happened after 1 pm.
12. It was more of a short covering rally..
13. U.S VIX had cooled off significantly. 
14. I think Yesterday the U.S Markets have made a short term bottom.
15. We could head towards 23k now on Nifty.
16. Post Israel - Iran war , we have moved up much higher and with immense speed than the speed of the fall.
17. 
18. Do not sell intraday options because you will bankrupt soon.
19.  Nifty might trade between 22500 to 22800 today.

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