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Rumours turning Markets Volatile (6th May 2024)




1. U.S Markets closed higher on Friday.
2. All the indices closed higher.
3. Asian markets are all higher.
4. U.S VIX is now below 13.
5. U.S VIX crashed more than 3% Yesterday.
6. Gift Nifty is indicating more than 100 points gap up.
7. Right now , Dow Futures are higher.
8. Apple buyback news has led to a positive sentiment.
9. On Friday,  all the markets were higher and we closed in Red.
10. There was some news floating around that post elections if BJP comes to power , they will increase Capital Gains Tax.
11. Increasing Capital Gains Tax is a big negative for the markets.
12. That's why there was a sudden fall.
13. Nifty from all time high fell 450 points yesterday.
14. Post clarification from FM , markets turned normal and there was recovery 
15. These rumours will keep floating now until elections.
16. Expect increased Volatility from now upto elections.
17. My analysis is Market is likely to go back into that boring range of 22600 to 22800 again.
18. Crossing and sustaining at all time high might take some more time.
19. Because of these news,  trading becomes difficult and many traders lost huge money on Friday.
20. Always trade with a hedge and reduce your risk.
21. Hero - Zero trades doesn't work in real life.
22. 999 out of 1000 to zero. 
23. Hedge is the new edge. So always trade with a hedge.
24. Nifty might trade between 22500 to 22800 today.

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