- U.S Markets closed mixed on Friday.
- Right now Dow futures are lower.
- SGX Nifty is down 80-100 points.
- Asian markets are also lower.
- Nifty is likely to have a gap down opening today.
- Reason for a gap down is China Covid cases.
- China has again started to report high number of covid cases.
- Yesterday the Covid cases were at 40k in China.
- This is inducing a fresh fear in the markets.
- Covid problem is not a new issue.
- This has been going on since long.
- There shouldn't be any shock treatment to the markets due to the same.
- Also I've been noticing since many days markets have not been opening as per SGX.
- So we cannot have an exact idea related to market opening now a days.
- China cannot be trusted as well.
- They might be manipulating numbers to induce fear.
- If we have a large gap down then it's a great buying opportunity.
- Trend is positive so opportunities like these should be cashed into.
- 18300 PE has the highest open interest in monthly options.
- 19000 CE has the highest open interest among call options.
- Any dip close to 18400-18350 should be a good buying opportunity.
- Nifty might trade between 18350-18600 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
Comments