- US markets closed Slightly Positive
- U.S Markets have been Trading at life time highs now.
- Asian markets are in Green.
- SGX Nifty is up by 50 points.
- From Fridays Reversal we are up more than 300 Points.
- Buy the Dip, Buy the Dip is what I have been recommending.
- Currently we are Trading at fresh Intermediate highs.
- Nifty is just 8-10% away from all time highs.
- Bank Nifty is way below.
- Catch up rally in Bank Nifty is Expected.
- Yesterday Bank Nifty Outperformed Nifty.
- 11350 was a big Resistance for our Markets we have closed above it Yesterday.
- FII's have bought more than 1000 Crores Yesterday.
- DII's have been saying Crash Will happen , Crash will happen.
- Nifty will go to 6000 -5000 and they are the one's missing out.
- Short Sellers will add as fuel to this Markets now.
- Mentioned this to paid Members.
- Now we are in an OPEN SKY.
- Open Sky means Markets can go anywhere from here.
- I won't be Surprised if we get a 150-200 point rally on Nifty this Expiry.
- Bank Nifty 800-1000 Points rally is Possible..
- AGR Case is being heard today.
- So if this goes out well we may rally Further.
- Stoplosses for Bullish Positions should be 11350.
- If we close below this level then exit your. Buy positions (Intraday)
- Nifty might Trade between 11340-11500 today.
- stockmarketadvisory.in
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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