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Showing posts from May, 2024

300 Points in 30 Mins for Nifty🔥 (17th May 2024)

1. U.S Markets closed higher Yesterday. 2. U.S Markets have hit a fresh all time high. 3. All the Global Markets are Positive. 4. This Year is an election Year in the U.S 5. Past data suggests that U.S Markets have rallied before Elections.  6. Yesterday's expiry was insane. 7. Nifty rocketed 300 points in just 30 minutes. 8. This is just out of proportion moves. 9. Expiry option sellers are getting killed. 10. That's the reason I was advising to quit intraday option selling. 11. It's a nightmare. 12. Yesterday expiry swings were crazy. 13. VIX above 18 is still cautious sign. 14. It's not too dangerous but it's cautious. 15. VIX below 18 indicates stability and consistency. 16. Expect markets to adjust today after some irrational moves Yesterday.  17. Consolidation would be good outcome for the markets. 18. Nifty might trade between 22200 to 22500 today. 19.  stockmarketadvisory.in

Resilient Markets !! (16th May 2024)

1. U.S Markets closed higher Yesterday. 2. U.S Markets have hit a fresh all time high. 3. All the Global Markets are Positive. 4. This Year we have election in the U.S 5. Past data suggests that U.S Markets have rallied before Elections.  6. We had fallen 1000 points instantly and now we are recovering back stronger. 7. Gift Nifty is up 100+ Points. 8. 22300-22350 is the next resistance zone currently. 9. Once this is crossed then we can expect a fresh upswing. 10. Until then Markets would consolidate with Positive bias. 11. VIX above 18 is still cautious sign. 12. It's not too dangerous but it's cautious. 13. VIX below 18 indicates stability and consistency. 14. Today is weekly expiry too. 15. Yesterday Bank Nifty was weak due to expiry issues. 16. Today it might catch up and join the rally. 17. I have stopped trading expiries long ago. 18. This is because the sudden movements caused by Algo players there's very poor risk reward. 19. I mostly prefer selling a b

21800 - The Lakshman Rekha?? (14th May 2024)

1. U.S Markets closed slightly lower Yesterday  2. U.S Markets are just a percent away from fresh all time highs. 3. Indian Markets have recovered sharply Yesterday.  4. 21800 , the major support level has once again came to the rescue. 5. According to me , this support should hold on. 6. Markets would now turn choppy and rangebound. 7. Yesterday the Inflation numbers were announced and they are at 11 month low. 8. This is a very good sign for the economy.  9. India VIX in just 10 days has reached a fresh all time high. 10. It's creeping higher with each and every day. 11. India VIX above 18 indicates huge Volatility.  12. In 2019 , India VIX jumped 60% before Elections and after Elections verdict it went to all time low. 13. Expecting a similar situation this time around as well. 14. Bank Nifty momentum will decide nifty momentum. 15. Bank Nifty can take Nifty higher single handedly. 16. Also Bank Nifty is more beaten up compared to Nifty. 17. Do not expect bigger fall

Markets stabilizing (15th May 2024)

1. U.S Markets closed higher Yesterday. 2. U.S Markets are now at all time highs. 3. All Indices closed higher. 4. Gift Nifty is indicating a gap up of 60 Points. 5. Yesterday our VIX stabilized a bit. 6. This is a positive thing. 7. High VIX markets are quite difficult to trade. 8. I sense that Markets have now bottomed out at 21800. 9. This doesn't mean we will keep moving higher. 10. Bottoming out means I don't see nifty going below 21800 unless something new comes up. 11. Yesterday we had a strong rally. 12. Advance decline breadth of the markets was quite good yesterday.  13. This indicates further strength in the markets. 14. Yesterday the Bank Nifty was weak. 15. Expect the Bank Nifty to outperform now. 16. Nifty and Bank Nifty are now headed for 21500 & 48500 in short term. 17. We will get in more short covering as Markets keeps higher. 18 . Still there are many shorts in the system currently.  19. Nifty might trade between 22100 to 22450 today. 20.  sto

Elections Volatility!! (13th May 2024)

1. U.S Markets closed higher yesterday. 2. U.S Markets are now rallying from 8 consecutive sessions. 3. Whereas our Markets are down for 7 consecutive sessions. 4. However , we recovered a bit on Friday. 5. 22000 was respected by the market but until how much time will it sustain is the main question.  6. 22000 PE the highest open interest among Put options. 7. So far the Bulls have managed to defend this level. 8. This fall has resulted in many stocks going down 20-30%. 9. This is good for markets as a whole as it takes down excessive valuations , leverage and Euphoria from the markets  10. Also earnings season has not gone according to liking. 11. Mid & Small caps have given good results but many large cap results have been sub par. 12. This is what is the problem 13. This fall reminds me of 2021 budget. 14. Before 2021 budget many were speculating Covid cess and markets were down. 15. Budget was normal as expected and markets rallied 1000 points in 2 days. 16. I feel

Capitulation Period !! (10th May 2024)

1. U.S Markets closed higher yesterday. 2. U.S Markets are now rallying from 7 consecutive sessions. 3. Whereas our Markets are down for 7 consecutive sessions. 4. Indian & U.S Markets ain't working in sync and tandom at all. 5. India VIX is now above 18. 6. This is a scary sign as now the Volatility would be out of control. 7. The Drawbacks of Trading in volatile Markets is stops get hit easily  8. Where ever you place stops it gets hit easily as Markets move violently. 9. This crash is only because big money & FII's wish to have zero positions before election. 10. These people are selling left right and center. 11. Also the selling is so severe that no supports are being respected during the day. 12. Now Markets are again near important supports of 22k. 13. There is highest open interest in 22k PE . 14. Next support is of 21800. 15. These are the final support levels. 16. We would say reversal of bearish trend only when we get a closing at days high. 17. N

How to Trade todays Nifty Expiry ? (9th May 2024)

1. U.S Markets closed flat Yesterday.  2. All the indices closed slightly flat expect Dow Jones. 3. Dow was higher by about 150 Points. 4. Asian markets are mixed. 5. U.S VIX is now below 13. 6. India VIX is now at 17. 7. Yesterday,  in spite of ranging move,  India VIX didn't fell. 8. India VIX was firmly Trading higher. 9. The positive thing about Yesterday was we Took support multiple times at 22200 but we didn't breach it. 10. On the other hand , we weren't able to cross 22400 as well. 11. So it's a mix and match game. 12. Bank Nifty also took support near 48k multiple times yesterday. 13. If reversal and recovery has to come , it should be from these levels. 14. Otherwise we would be heading even lower.  15. My sense is we would try to consolidate for some time. 16. Post Consolidation,  we would be steadily moving higher.  17. Expect India VIX also to coop down a but. 18. Expect it to drop to levels of 15 in short span. 19. Nifty might trade between 222

Large Correction Underway?? (8th May 2024)

1. U.S Markets closed flat Yesterday.  2. All the indices closed slightly higher. 3. Asian markets are mixed. 4. U.S VIX is now below 13. 5. India VIX is now at 17. 6. Last 7 days , India VIX has rose from 10 to 17 in a Jiffy. 7. This shows fear in market. 8. Right now , there is more of Uncertainty than fear. 9. Uncertainty relating to election verdict is creeping up in the mind of Market participants.  10. Voter Turnout percentage is low so FII's expect a surprise may emerge out of election verdict. 11. That's the reason the FII's are selling in such large numbers. 12. This is a proper correction now as thus is not based on any news flow. 13. I sense most of the correction is already done. 14. The Volatility expansion is a problem currently. 15. For markets to settle , India VIX has to settle. 16. Whenever India VIX settles and goes down,  markets will automatically settle and start moving higher. 17. As of now , the trend will change only when we get a closin

India VIX Spikes !! (7th May 2024)

1. U.S Markets closed higher Yesterday.  2. All the indices closed higher. 3. Asian markets are all higher. 4. U.S Markets and Indian Markets are trading complete opposite now. 5. U.S Markets rising whereas we are falling. 6. U.S VIX is now below 13. 7. U.S VIX is also falling non stop whereas India VIX is rising non-stop. 8. India VIX majorly rising due to RBI news yesteday. 9.  10. Tighter norms for loan lending which has seriously impacted PFC & REC. 11. This is the risk with lending businesses. 12. Recently , all the Small finance banks stocks fell. 13. Now this has also caused PSU index crash Yesterday.  14. Which in a way is good because there was lot of froth building up. 15. 22350 is a crutial support now as on Friday we made a low of 22350. 16. 22600 which is Yesterday high is a resistance.  17. Markets in last 2 trading sessions have opened with large gap ups and all got sold into. 18. Today , we are likely to open flat. 19. Generally , flat openin

Rumours turning Markets Volatile (6th May 2024)

1. U.S Markets closed higher on Friday. 2. All the indices closed higher. 3. Asian markets are all higher. 4. U.S VIX is now below 13. 5. U.S VIX crashed more than 3% Yesterday. 6. Gift Nifty is indicating more than 100 points gap up. 7. Right now , Dow Futures are higher. 8. Apple buyback news has led to a positive sentiment. 9. On Friday,  all the markets were higher and we closed in Red. 10. There was some news floating around that post elections if BJP comes to power , they will increase Capital Gains Tax. 11. Increasing Capital Gains Tax is a big negative for the markets. 12. That's why there was a sudden fall. 13. Nifty from all time high fell 450 points yesterday. 14. Post clarification from FM , markets turned normal and there was recovery  15. These rumours will keep floating now until elections. 16. Expect increased Volatility from now upto elections. 17. My analysis is Market is likely to go back into that boring range of 22600 to 22800 again. 18. Crossing an

U.S Markets Rally !! (3rd May 2024)

1. U.S Markets closed higher Yesterday. 2. All the indices closed higher. 3. Asian markets are all higher. 4. U.S VIX is now below 14. 5. U.S VIX crashed more than 3% Yesterday. 6. Gift Nifty is indicating more than 100 points gap up. 7. Right now , Dow Futures are on fire. 8. Dow futures are up more than 200 points. 9. Thanks to Apple results  10. Apple has declared very good results and stock is up more than 6% in Pre - Market. 11. Now the most important Question is will the Gap up sustain? 12. The answer is most likely Yes. 13. Yesterday due to expiry play and issues markets couldn't give a big move. 14. Now,  as Markets are light and positions are not big markets can move freely. 15. Bank Nifty which has underperformed yesterday is expected to resume its uptrend. 16. 49k is a strong support for Bank Nifty.  17. Next resistance for Nifty is at 22800. 18. Let me tell you the secret to make big money in Markets. 19. Secret lies in catching big trends and big moves. 20.

No change in Interest Rates (2nd May 2024)

1. U.S Markets closed mixed Yesterday.  2. Dow Jones was slightly higher whereas S&P 500 & Nasdaq were slightly lower. 3. Asian markets are all mixed. 4. U.S VIX is now below 15. 5. Gift Nifty is indicating a gap up of 56 points as of now. 6. It was a highly Volatile trading session yesterday in U.S Markets. 7. As soon as FED decision was announced , Dow Jones climbed 500 points. 8. Then post such a big move , there was again a fall from day high. 9. Overall , it was a volatile trading session yesterday in U.S Markets. 10. Yesterday the GST numbers were announced of April. 11. Numbers were outstanding as GST collections have exceeded 2L crores for April Month. 12. Many have DM me relating to the Tax Collection numbers & its significance. 13. Increased Tax Collection numbers means increased growth & Profitability of companies.  14. This is a big positive news for our Markets. 15. Nifty on Friday made a new all time high & then reversed from day high. 16.