- U.S Markets closed higher yesterday.
- S&P 500 VIX crashed 10% again.
- Last 3 days , everyday U.S Market is closing positive and VIX is crashing 10% on daily basis.
- VIX crashing indicates stability in the Market.
- It indicates that from here on , Volatility will reduce.
- This reduces option premiums on both calls and puts.
- SGX Nifty is again indicating 150 point gap up today.
- Yesterday's Budget was a Non -Event for the Markets.
- Market went up due to Global cues.
- In between there was a huge panic selling.
- Which gave an excellent buying opportunity to go long.
- Budget didn't have anything new nor did it have anything bad for Stock Market.
- Because it was a Non event option premiums have crashed on both the sides.
- Yesterday all the option buyers have lost significantly.
- Option sellers have made returns of their life.
- From here on , I expect India VIX to crash further below 18 in coming weeks.
- Market is Bullish and every dip is a buying opportunity.
- Main event is out and now we will follow the Global cues
- Nifty might Trade between 17500 to 17800 today.
- stockmarketadvisory.in
1. U.S Markets closed higher on Friday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is up 30-50 Points. 5. There's no point discussing Global markets today. 6. As we are dealing with our own local issues as of now. 7. The talk of the town is Adani Group. 8. Every stock Market participant during last 2 days have not spent as much time with their wife /gf /husband /bf as they have spent on researching Adani stocks. 9. They shouldn't have wasted so much time in research and should've spent their time with loved ones. 10. As Ultimately my Pre Market report would clear all. 11. Now , the Adani stock price has gone below the FPO price. 12. FPO price is in the range of 3100-3200 and stock price is around 2800 13. Who will subscribe to FPO when they can buy shares much cheaper from the Market? 14. Also over the weekend Adani has come up with a 450 page report addressing one by one the allegations made by Hindenberg. 15. I haven't
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