1. U.S Markets closed flat Yesterday
2. Right now U.S Futures are higher.
3. Asian markets are higher.
4. Gift Nifty is indicating a gap up of 30-40 points.
5. Major news is U.S VIX fell 4% yesterday.
6. In the last 2 trading sessions , though markets were flat the premiums didn't crash for next week and monthly options.
7. This was because the VIX rose.
8. Expecting VIX to fall today and the PUT Option Premiums to come lower.
9. One can shift to next week expiry today as next week 19th September is a Market holiday.
10. It's a truncated week so the Theta decay would be fast.
11. Bank Nifty was star of the show yesterday.
12. Bank Nifty after initial hiccup closed near 46k.
13. It took Nifty higher single handedly.
14. Yesterday in the first half there was huge Volatility too in the Mid & Small Cap stocks.
15. Mid and small cap index was down 2% each at one point of time.
16. Small cap index closed higher whereas Mid caps closed flat.
17. 19900 is a strong support now on Nifty.
18. Yesterday's low on Bank Nifty.
19. Near about 45300-45400 is a major support now.
20. Nifty might trade between 20k to 20200 today.
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