Skip to main content

Global Inflation on a high !! (23rd May 2024)



1. U.S Markets closed lower Yesterday.
2. U.S Markets were down in the first half but there was a smart recovery in the 2nd half.
3. This was because of Nvidia positive results.
4. This created a sentiment shift for the U.S Markets. 
5. Right now , U.S Futures are higher.
6. Gift Nifty is down slightly.
7. Yesterday was a very mixed day for our Markets.
8. Bank Nifty was at day low but Nifty was at day high.
9. Nifty is much more stronger than Bank Nifty. 
10. Post 3 pm , Bank Nifty made a wild move and 50rs PE went to 500.
11. All this happened in just 15 minutes and from 500rs it closed at Zero.
12. This is the kind of Volatility that's happening on expiry. 
13. Remember the last weekly expiry?
14. Nifty shot up 300 points in just 30 minutes.
15. This is because of huge options trading which is happening currently. 
16. India is the highest options trading den in the World.
17. Do not sell options for the same expiry.
18. India VIX touched 22 day before yesterday and is cooling off a bit.
19. I expect Volatility to reduce going ahead.
20. The trend is Bullish.
21. It's not ultra Bullish that you buy at any level.
22. It's a buy on dips market.
23. The support for Nifty is at 22400 and resistance is at 22700-22800.
24. Expect Nifty to trade within this range for some time.
25. Consolidation is good for the markets in the short term.
26. Nifty might trade between 22400 to 22640 today.

Comments

Popular posts from this blog

BJP Falls short of Majority (5th June 2024)

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. 20. Com

Global Shock !! (6th August 24)

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 to the low for A

Global Markets Mayhem !! (5th Aug 24)

1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20.  stockmarketadvisory.in