1. U.S Markets closed mixed yesterday. 2. Right now , Dow Futures are flat. 3. Asian markets are lower. 4. Gift Nifty is indicating a gap up 30-40 points. 5. U.S VIX fell Yesterday. 6. Yesterday was a kind of a distribution day. 7. Money flow in the short term has been shifting to value driven stocks 8. These value driven stocks are mostly the large caps. 9. Also in the large caps the finance space is on a roll. 10. Bank Nifty now has also hit all time high 11. So the Banks which were also lagging behind have joined the party. 12. This Bank Nifty is also taking Nifty higher. 13. FII's have begun buying now. 14. When FII's buy they don't check where the market is etc. 15. They just keep ok buying. 16. Hdfc bank is now up more than 6% just in last 1 week. 17. Nifty now has strong support at 20700. 18. This rally cannot go on in a straight line so we are facing Dips. 19. This continues to be a buy on Dip market. 20. Nifty might trade between 20700 to 21000 21.
1. U.S Markets closed slightly lower yesterday. 2. Right now , Dow Futures are flat. 3. Asian markets are lower. 4. Gift Nifty is indicating a gap up 70-80 points. 5. U.S VIX climbed 3% Yesterday. 6. Yesterday was a Bang on day for the markets. 7. Specially for the Bank Nifty. 8. Bank Nifty was up almost 4% Yesterday. 9. Nifty was up 2%. 10. 90 Points gain in Nifty came out of only 2 stocks. 11. Hdfc bank & ICICI Bank. 12. These were laggards since the last 1 year. 13. Now these have started to move and how. 14. FII's and DII's both were net buyers Yesterday. 15. FII's bought for more than 4000 crores. 16. Markets are now pricing in the same Government. 17. This was totally unexpected for the markets as the exit polls etc nowhere predicted the same. 18. We will continue to be a buy on dips market. 19. We are trading at all time highs so the best way to trade this market is to be long unless there is a sign of reversal. 20. Bullish on Bank Nifty more tha