- US futures are higher by 170 Points.
- Asian markets are all in Green
- SGX Nifty is trading near 13570.
- Seems like again we are going to have a big gap up.
- This has been a sort of regular deal now.
- On Friday , the Markets were highly Volatile.
- After a Big gap up Markets went in red but managed to close a big higher by end of the day.
- Such Volatility is going to continue going ahead.
- India VIX below 20 so option prices are also quite low.
- Markets are still expected to Consolidate in a range.
- 13400 to 13600 is the range for Nifty.
- 30200 to 30700 is the range for Bank Nifty.
- Markets need to break this range to give a big move either side.
- U.S starts to provide Vaccination.
- U.S Govt has announced that Corona Virus Vaccine would be freely available there.
- Roll out of Vaccine is indeed a positive news.
- Bull Markets climb the wall of worries.
- There were lot of issues few months back and we witnessed a huge Bull run.
- Now all the problems are coming to an end.
- There is also lot of Euphoria around.
- The end of this severe Bull Market is near.
- Fresh money should not be invested at these levels.
- FII's are Regularly buying for 3000-4000 crores .
- As long as this buying contineous we won't witness any Meaningful correction.
- Infact Markets would slowly inch higher as long as FII buying continuous.
- Nifty might Trade between 13440-13620 today.
- stockmarketadvisory.in
- Question of the day by Mr. Saurabh.
- I have been making regular profits while paper trading but when I trade Practically I make losses. What's the issue?
- The issue here is of Emotions. When you paper trade there is no real currency involved.
- Even if you win or lose it won't matter as nothing is going out of your pocket.
- Real Trading is a different game altogether.
- Here as real currency is involved , emotions come onto the floor. You need to control yourself even when a loss is Visible on the Screen.
- You need to have a plan , follow Stoploss , targets etc. So I advice you to focus on your Emotional side and manage your Emotions so that you become a trader who isn't afraid to lose money while following your trading plan.
U.S Markets closed higher yesterday. Asian markets are higher. SGX nifty is up 150 points. Yesterday was a very tricky and unexpected session. As soon as Market opened there was a continuous selling. Market was falling left , right and center without taking any support. I was wondering why is the Market going against the global cues Then we got the news about RBI Governer press conference. So some informed people already knew about this rate hike. Hence there was a sudden selling in the markets. RBI hiked repo rate by 40 basis points and Cash Reverse ratio by 50 basis points. Repo rate is the rate at which banks borrow money from RBI. When the rate is increased banks borrow money at higher cost and in turn loans also get costlier. This slows down the growth and liquidity in the Market temporarily. Cash reserve ratio is the interest free deposit money which banks have to keep with RBI. RBI uses that money without having to pay any interest on it. Increasing CRR means RBI is
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