- U.S Markets closed higher Yesterday.
- Dow futures are slightly positive currently.
- Asian Markets are mixed.
- SGX Nifty is trading above 15800.
- From Last couple of days , we are opening higher but witnessing profit booking during the day.
- This is due to FII's.
- FII's have been selling consistently since past many days.
- DII's and Retail People have been supporting this Market.
- Market is not actually bearish but it's been tiring at higher levels.
- Some trigger is expected to take the markets higher above 15900.
- Next talk of the town in India VIX.
- India VIX yesterday firmly broke 13.
- Now the option Premiums are very very low.
- Even in the Money options are at too little premiums.
- This cannot continue for long.
- Option sellers now have become very easy and selling very near options.
- As and when VIX rises , these will be trapped.
- Low VIX also indicates dull Market.
- Market is very dull now and Movement is very slow.
- Yesterday I slept looking at trading screen as it was too boring.
- Nifty has highest open at 15700 PE & 15900 CE.
- These levels might act as good support and resistances for this Expiry.
- Im selling options even now but for very small targets and short time.
- Not holding it for too long and exiting mostly Intraday.
- Usually Wednesdays are Volatile and I expect some Volatility to kick in today.
- Nifty might Trade between 15700 to 15900 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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