#NIFTY50 was trading with extreme volatility in today's trade. End of the day it ended lower only. Currently Dow Jones is trading very low at negative 2%. For nifty 15800 should be a strong support. Expecting markets to consolidate with negative bias. Macd of nifty Iooks oversold and about to make a crossover on higher side. However, owing to uncertainty I do not think it will go much higher.
Vix is above 20 far out of money options ar governing huge premiums. One can make good money out of option selling.