- U.S Markets closed flat Yesterday.
- Right now Dow Futures are slightly higher.
- Asian markets are mixed.
- SGX nifty is up 10-20 points.
- Yesterday , once again it was a mayhem in Technology stocks.
- Snapchat's Quarterly results missed estimates and expectations and the stock fell 40% in a single day.
- Indian markets are much better.
- Here the stock goes down by 10% but in U.S there is no limit.
- Nasdaq again witnessed heavy sell off yesterday.
- Divis Lab day before yesterday declared fantastic results but stock fell 10%.
- This tells you the sentiment of the market.
- Market is clearly in a mood to sell off where there's any negative news.
- In 2020 , the Market was exactly opposite.
- Even Bad results stocks were shooting up like no tomorrow.
- 2022 the Market is exactly opposite.
- This tells you that it's important to judge the trend of the market.
- Yesterday for no reason India VIX has gone up by 10%.
- This is a worrying sign that just before expiry without any incremental negative news VIX shooting up in double digits.
- This suggests a big move could be coming closer to expiry.
- In the May month on all weekly expiry days , Nifty has fallen more than 200 points and mostly with a gap down.
- Traders are expecting this trend to continue for the monthly expiry as well hence put Options are trading are huge prices.
- Nifty might Trade between 16000 to 16300 today.
- If 16000 breaks then we may retest 15750 in a couple of days.
- 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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