- US markets closed higher Yesterday.
- Asian Markets are all Trading mildly Positive.
- Stimulus talks are going on in U.S
- SGX Nifty is Trading around 11930.
- Yesterday another news that PM Modi is going to address the Nation.
- It was just related to Precautionary measures and nothing much.
- So that is a Non - Event for the Markets.
- Nifty is very close to 12000.
- This is a make or break level for Nifty.
- If we decisively cross this level then we can expect further Momentum and steam in the Markets.
- This will be the 2nd time where Nifty is trying to cross 12000.
- Yesterday Reliance came up with 5G news Announcement.
- This might trigger a Positive sentiment in Reliance.
- Reliance being the highest Weightage component in Nifty.
- If it gives a big move then it will definitely carry Nifty with itself.
- FII's have started buying.
- So every Possibility that Nifty may give a breakout above 12k.
- HUL came up with good results Yesterday so that might trigger a good rally in FMCG Stocks.
- Nifty might Trade between 11880-12060.
- stockmarketadvisory.in
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
Comments