- US Markets closed Higher Yesterday.
- Right now , U.S Futures are up 0.5%
- SGX Nifty is Trading near 14k.
- Asian markets are positive.
- That is indicating fresh all time high for Nifty.
- Same old story.
- DII's selling , FII's buying.
- Market giving big gap ups.
- Touching fresh highs almost on daily basis.
- 14000 CE has the highest open interest among call options.
- Now if this level gets crossed today itself , the option writers will look for cover.
- This might take markets much more higher.
- Nothing much to say.
- Trend is so swift on the higher side.
- We are in a Bull Market.
- Every dip is a buying Opportunity now.
- We have recovered all the losses.
- Markets make big moves in Month end.
- So sticking to Stock option selling.
- Avoiding Nifty & Bank Nifty now.
- Sold lot of put options in banking stocks yesterday.
- Time decay will be very fast as expiry is near.
- Nifty might Trade between 13920-14060 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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