- US markets closed slightly positive yesterday.
- Right now , U.S futures are also Trading higher.
- SGX Nifty is Trading near 15000.
- Yesterday in the first half our Markets fell Drastically.
- It slowly started to recover in the second half.
- The issue right now is the India VIX.
- India VIX keeps rising as there is a fall in the Market.
- Friday it was up 8%.
- Yesterday up 4%.
- Option prices are very high currently due to higher VIX.
- Volatility is also extreme.
- Moves are very fast and violent.
- Calls above 15200 have been written aggressively.
- Do not expect Market to go much higher from here at least for this expiry.
- 14500 PUT also has good amount of open interest.
- So not expecting Nifty to go below 14500.
- Nifty might Trade between 14860-15080 today.
- stockmarketadvisory.in
1.U.S Markets closed higher Yesterday 2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically. 9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country. 20. Com
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