- U.S Markets closed lower yesterday.
- Right now Dow futures are lower.
- Asian markets are lower.
- SGX Nifty is down 200 points
- This is a huge gap down.
- Yesterday many traders sold huge put options from 17500 to 17700.
- These people will have trouble at opening itself
- Nasdaq has fallen for 7 consecutive trading sessions.
- This is a scary fall.
- Indian markets have been outperforming in spite of such terrible global cues.
- This was my major worry as this cannot keep continuing for long
- When Market falls it will be ferocious as well.
- 18000 is the Market top till Diwali.
- Im Positioning my trades based on the same analysis.
- Yesterday Reliance supported Nifty.
- Else position of Nifty would've been worse
- Nifty has been trading between 17450 to 17700 for a long time
- Closing below 17450 today would lead to more pressure
- U.S Markets traded with huge Volatility yesterday.
- Expect Volatility to shoot up in Indian markets as well.
- Nifty might Trade between 17350 to 17650 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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