1. U.S Markets closed higher yesterday.
2. Day before yesterday, markets closed flat.
3. Right now , U.S Futures are lower.
4. U.S VIX closed 6% lower yesterday.
5. Gift Nifty is up 20-30 Points.
6. Asian markets are mixed.
7. Nifty is likely to open near 19300.
8. 19200 is a very very critical level for Nifty now.
9. It's a very important level because 19200 has been holding since 4 months.
10. It has been tested 3-4 times but couldn't get broken.
11. Mondays last hour crash was something that has not happened since a long while.
12. In 2022 , markets were volatile and in last hour sudden moves used to come.
13. On Monday , markets broke all the key important supports in a jiffy.
14. India VIX is now near 10.
15. The VIX is almost at its all time low.
16. This indicates that option selling isn't advisable.
17. Option buying In a low VIX environment proves of a better alternative.
18. Mid and small caps correction was fierce.
19. Nifty might trade between 19200 to 19450 today.