- US markets closed a Percent higher Yesterday.
- Asian markets are all in Green.
- SGX Nifty at 10080.
- Nifty is up 12% in last 5 Trading Sessions.
- This is a Humongous Rally in Indian Stock Markets.
- This is a Global rally all over the World and we are also Participating in the same.
- We have now recovered more than 33% from the low of Corona Virus Crash.
- Bull markets climb the wall of worry.
- Everyone will be Surprised how swiftly the Markets keep racing ahead.
- Bull market begins when every Bull gives up the hope.
- Markets can continue to be irrational until you go bankrupt.
- Now the Important Question until when will this Rally continue?
- I expect this Rally to last further.
- Those who are already carrying call Options can revise Stoploss to 9800 and keep holding.
- Those who havent entered yet can enter on minor dips.
- 10200 is the next Resistance level for Nifty.
- FII's have bought more than 1000 Crores Yesterday as well.
- We are in a Buy on Dips Market.
- Never think that Markets have already risen by 33% it won't rise much let's go short and burn your fingers.
- Just stay with the Trend until it Bends.
- Shorts are still there, that is why Futures are trading at discount.
- Some Short Covering Rally is still Pending.
- 10200 is the next Resistance level for Nifty.
- On an Intraday Basis one could try a small trade of keeping Stoploss below 10k for a Target of 10200.
- Every Sector is Rallying and is up.
- Buy whatever Favourite Stocks you want to buy.
- stockmarketadvisory.in
- Consult your Financial Advisor & Trade on your own risk.
1. U.S Markets closed lower on Friday. 2. Dow Jones was flat. 3. Nasdaq was the underperformer. 4. Gift Nifty is down 30-40 Points. 5. Asian markets are mostly lower as well. 6. Friday the Nifty opened with a gap down of 200 points. 7. Within the next 10 minutes , Nifty recovered 100 points. 8. Bulls expected recovery is on the cards but Nifty started to Crack. 9. Bank Nifty was holding up Nifty for most of the while. 10. It couldn't be able to provide much of a support and Bank nifty also began to correct. 11. The issue now is market has had vertical rallies. 12. One way quick rallies so now the downfall will also be vertical. 13. When markets go up quick , they come down quicker. 14. Infy dragged the mood and also HUL didn't post extraordinary results so it was also a laggard. 15. Banks tried hard to hold the markets but couldn't. 16. Over the weekend , AU Bank and icici bank reported very good numbers. 17. These banks have already rallied a lot before results
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