1. U.S Markets closed higher Yesterday. 2. Right now Dow futures are higher. 3. Asian markets are mostly higher. 4. U.S VIX is now closer to 20. 5. U.S VIX crashed 3% Yesterday. 6. Gift Nifty is indicating a gap up of 150 points. 7. U.S Markets hit fresh all time high yesterday. 8. It was a volatile trading day yesterday. 9. There was consolidation but it was with immense Volatility 10. RBI as expected didn't tweak rates. 11. They have given a good guidance for the coming year. 12. RBI has also indicated of a possible rate cut in December. 13. RBI wouldn't like to hurry for a rate cut. 14. They would prefer to take it slow considering the data points. 15. I expect markets to consolidate for some more time. 16. Markets are forming a base before it eventually moves higher 17. It won't be a one way rally. 18. It would be a steady , volatile move upwards. 19. Avoid Intraday expiry trades as Markets are trapping Intraday traders in October series upto now. 20. N
1. U.S Markets closed higher Yesterday. 2. Right now Dow futures are lower. 3. Asian markets are mostly lower. 4. U.S VIX is now closer to 21. 5. U.S VIX crashed 6% Yesterday. 6. Gift Nifty is indicating a flat open. 7. Yesterday the markets closed at highest point of the day. 8. This is a Bullish sign. 9. We had been underperforming the Global Markets by a big margin. 10. Global markets were positive while we were falling drastically. 11. Now that fall will likely be arrested for a while. 12. 24700 is a strong support going forward. 13. The first target now is 25200 14. Once Nifty crosses 25150-25200 then it will be in a continued uptrend. 15. Bank Nifty is even stronger than Nifty. 16. Buy on dips strategy is back. 17. Hang Seng and China markets have been crashing like hell since yesterday. 18. There is no rate cut expectation from MPC but however the forecast and guidance would be the key. 19. Shaktikanta Das commentary on the economy and Inflation would be closely wa