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

Comments

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