- US markets trading at fresh record highs with each passing day.
- Asian markets are slightly Bullish.
- SGX Nifty is Trading near 11620.
- This has been a Phenomenal rally by the Markets.
- Nobody expected markets to recover so quick , so fast.
- August Month has also been a great Month for Bull's.
- How long will this rally sustain? Can our Markets touch fresh record highs?
- The Answer is Yes , anything is Possible.
- The rally is so strong that Bears are being taken to cleaners.
- Expecting a Month of Consolidation for September.
- These are all Probabilities , not Certainties.
- Markets can do anything out of the box.
- August Month belonged to Bank Nifty.
- Bank Nifty was underperforming for last 2 Months.
- But in August Bank Nifty Single Handedly took Nifty higher.
- It is a Buy on dip Market.
- Just follow the Trend and make money.
- Do not do anything fancy.
- Reliance has entered into Consolidation phase.
- FiI's have been buying continuously whereas DII's have been selling.
- Nifty might trade between 11520-11680 today.
1.U.S Markets closed higher Yesterday 2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically. 9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country. 20. Com
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