All you Need to know about Stock Markets

1. U.S Markets closed higher yesterday.  2. Dow closed lower whereas S&P 500 & Nasdaq closed higher. 3. U.S VIX corrected 2% Yesterday.  4. Asian markets are slightly lower. 5. Gift Nifty is indicating a gap down of 30 points currently. 6. This suggests that we are going to open close to 25k today. 7. Yesterday the markets consolidated in the first half. 8. Once Nifty crossed 25k , there was increased momentum in the markets.  9. There was a huge short covering rally once nifty crossed 25k. 10. Nifty went close to 25150 yesterday.  11. In the last hour there was some profit booking. 12. Now 25k seems again to be a good support. 13. Today is Wednesday so markets are likely to be a bit more Volatile than usual. 14. This is the past trend which I have been observing for quite some time now. 15. Bank Nifty has also started to perform. 16. One interesting stuff from last 3-4 trading sessions is that PSU shares have began to underperform.  17. PSU Banks have also taken a

1. U.S Markets closed higher Yesterday.  2. All the Indices closed higher. 3. It was a broad based rally yesterday in which all the indices participated.  4. U.S VIX crashed 13% Yesterday.  5. U.S VIX is now below 20 which is a good sign of Stability.  6. Our Markets closed at the highest point of the day yesterday.  7. This indicates strength in our Markets. 8. This also shows momentum is with Bulls. 9. The larger trend is Bullish now  10. Bears can scream for 1-2 days max in thus market but it's ultimately the Bulls that are ruling. 11. Gift Nifty indicates an opening closer to 25k. 12. Majority of the option premiums collapsed yesterday.  13. This is because India VIX crashed 6% Yesterday.  14. Now the larger range for Nifty is 24750 to 25250. 15. This is the 500 point range in which Nifty is likely to spend this expiry. 16. Bank Nifty finally has shown signs of outperformance yesterday.  17. Yesterday's low of 24750 is now a good support for rest of September ex

1. U.S Markets closed lower on Friday. 2. All Indices closed lower. 3. Nasdaq is now down 10% from all time high. 4. It has officially entered into correction mode. 5. S&P 500 is down 5% from all time high. 6. Jobs data were not that bad but due to panic and fear markets dipped on Friday. 7. We too witnessed heavy selling on Friday in our Markets. 8. Nifty broke 25k decisively and closed lower. 9. Asian Markets closed lower. 10. Gift Nifty is indicating a gap down of 50-60 points. 11. 24800 is a very crutial support now for Nifty. 12. U.S Markets have also entered into oversold territory and a pullback may be due anytime. 13. I expect downside to be limited from here on. 14. Nifty going above 25k will negate more downside from here. 15. India VIX shot up above 15 on Friday.  16. VIX below 14 is a stable situation for our Markets. 17. 24700 to 25000 is the new range for nifty now 18. Expect markets to consolidate and trade within this for a while. 19. Nifty might trade b

1. U.S Markets closed mixed yesterday.  2. Nasdaq closed higher whereas Dow & S&P 500 closed lower. 3. U.S VIX dropped below 20 yesterday.  4. This indicates reducing of fear in U.S Markets. 5. Dow futures are slightly higher right now. 6. Asian Markets are mostly mixed. 7. Gift Nifty is indicating a gap down of 60-70 Points. 8. Yesterday the expiry was rangebound. 9. As I pointed out that 25100 is a good support and 25300 is a resistance. 10. Markets post gap up fell a bit and traded within this range for the whole day. 11. Today we are likely to open near Tuesday low of 25080. 12. 25000 is a strong support now for our Markets. 13. If the Global cues improve,  we can expect a sharp pullback from 25k  14. Risk - reward doesn't favoir in going short post a gap down opening 15. I expect markets to trade between 25000 to 25350 for a while now. 16. It's a buy on Dip market. 17. Nasdaq has given signs of bottoming out yesterday.  18. Bank Nifty is ready to give a

1. U.S Markets closed flat yesterday.  2. Dow futures are slightly higher right now. 3. Yesterday was a heavy Volatility day in U.S Markets. 4. Markets were trading all over the place. 5. Closing is important in such scenarios and closing was mixed. 6. A mixed closing after a huge panic day is a good thing. 7. Asian markets are slightly higher. 8. Gift Nifty is up 70-80 points. 9. Days like yesterday show the strength of the markets.  10. Yesterday all the Global markers had crashed 3-4% each. 11. Our Markets just closed slightly negative in that negative. 12. It was a normal day for us. 13. There was no panic being seen. 14. We are outperforming all the major markets currently. 15. This is a good sign for our Markets. 16. Coming to today's expiry , there are 2 major labels to be watched out. 17. 25100 and 25300 on Nifty. 18. 25100 has highest PE open interest & 25300 has highest CE open interest.  19. Chances are heavy that 25300 might get tested today. 20. If 2530

1. U.S Markets crashed yesterday.  2. Dow futures are lower right now. 3. Asian Markets are all down. 4. Gift Nifty indicates a 100 point gap down opening. 5. Yesterday Dow closed 600 point lower. 6. This must be the lowest single day close for Dow  in last 6 months. 7. U.S VIX jumped 33% in just a day and is now above 20. 8. U.S Markets are such crazy Markets. 9. VIX can jump 150% in just a day without major news flow. 10. Yesterday's correction was led by Nividia. 11. It was down 10% Yesterday.  12. Largest single one day correction in the stock. 13. Yesterday Bank Nifty showed some strength in the 2nd half of the trade 14. Banks are becoming a value buy right now. 15. Banks are 4% away from record highs currently. 16. If Banks catch up and hit a record high , they can itself take Nifty to 26k. 17. 25150-25100 is a major support zone for Nifty. 18. 25k is a very important support now on Nifty as we have highest put OI there. 19. As long as this holds , the view is pos