- S&P 500 Crossed it's Intermediate highs of this Year.
- U.S Markets ended in Green.
- Asian Markets are all Trading higher.
- SGX Nifty is Trading near 11100.
- Today also we are likely to have a 100+ Points gap up.
- HDFC Bank ADR is up 8% in U.S Market.
- Yesterday i mentioned I won't be Surprised if we see a 400-500 point move on Nifty this week itself on the higher side.
- We got 100 Points Yesterday and there are 3 days to go.
- The Secret of Profitable Trading is to ride big profits.
- Intraday Traders miss this big ups which market has to offer.
- They look to find new exits Everyday.
- Just take the right trade and stick on to it.
- I have sold 10900 , 10850,10800,10750,10700 PE on Nifty weekly Expiry .
- Sold Bank Nifty 22000,21500 & 21000 PE Yesterday.
- Not going to touch these Positions till Expiry.
- Reducing Intraday Leverage by SEBI is a good move as it will reduce Intraday Volatility which will Automatically benefit Hedge Traders.
- It might have a Negative effect on some broking stocks today.
- Hedge Traders either want a clear Trend as we have now on the higher side or want a silent market.
- Hedge Traders do not like Big reversals which happened last week.
- Be Smart take Long Positions and just stick on to it.
- Many people have now started to ask where will Market top out?
- Nobody knows when will Market top out and who cares where it will top out.
- When it tops out it will show us right now just stick on to long positions till this Expiry.
- Bajaj Twins going to declare results today and this is going to be an important event today.
- Supreme court verdict on ADR has become a Non Event now.
- Trade remains simple , those who have taken long positions just stick to your Positions without any tinkering.
- Those who are yet to enter can enter on dips and stay in till this Expiry.
- Nifty might Trade between 11080-11240 today.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. Dow Jones was flat. 3. Nasdaq was the underperformer. 4. Gift Nifty is down 30-40 Points. 5. Asian markets are mostly lower as well. 6. Friday the Nifty opened with a gap down of 200 points. 7. Within the next 10 minutes , Nifty recovered 100 points. 8. Bulls expected recovery is on the cards but Nifty started to Crack. 9. Bank Nifty was holding up Nifty for most of the while. 10. It couldn't be able to provide much of a support and Bank nifty also began to correct. 11. The issue now is market has had vertical rallies. 12. One way quick rallies so now the downfall will also be vertical. 13. When markets go up quick , they come down quicker. 14. Infy dragged the mood and also HUL didn't post extraordinary results so it was also a laggard. 15. Banks tried hard to hold the markets but couldn't. 16. Over the weekend , AU Bank and icici bank reported very good numbers. 17. These banks have already rallied a lot before results
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