- U.S futures were down 2% in our trading hours Yesterday.
- This caused a big sell off in the Markets.
- U.S VIX was up 15% Yesterday.
- India VIX slowly inching higher.
- Market is collapsing quickly now a days.
- Reliance was a major contributor for Yesterdays fall.
- Reason of huge sell off in Reliance was Amazon had won the Arbitration case.
- Now U.S futures are mildly positive.
- SGX Nifty is Trading around 11825.
- The range of 11700-12000 continues to hold.
- Markets trading Violently within this range.
- As its monthly Expiry , Expecting a big move.
- Which side this move will come , time will tell.
- If Markets feel like Second Wave of Corona Virus is getting into India.
- The fall would be much more severe.
- Many foreign countries have been already witnessing second wave panic.
- India VIX if crosses above 30 then Option sellers should be very very careful.
- VIX above 30 indicates huge Volatility.
- Reliance is a big heavy weight in Nifty it has to perform well for markets to go higher.
- Right now it's just a ranging Market.
- Nifty might Trade between 11720-11900 today.
- stockmarketadvisory.in
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...
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