- U.S Markets closed 2% higher Yesterday.
- Markets expecting Biden to give a clean sweep to Trump.
- Today is the Final day of the Election.
- Dow Futures are fluctuating quite rapidly.
- There will be huge Volatility going ahead.
- Today only U S Election Verdict will dominate the Markets.
- SGX Nifty is Trading near 11770.
- Bank Nifty has been on a roll in last 2 years and has gained more than 1500 Points in past 2 days.
- By 10.30 AM things should be clear regarding the Election Verdict.
- If there is a clear winner markets will take Positively.
- If it isn't the case then Markets do not like Uncertainty & it will have an adverse impact on our Markets.
- How will the Markets react relating to Election Verdict is also an Uncertainty in its own.
- Those who track Global Markets they should only trade today.
- Others it's better to step out.
- If there's a clear winner Volatility will also reduce.
- Nifty might Trade between 11640-11920 today.
- Wide range because of Election Verdict.
- stockmarketadvisory.in
U.S Markets closed higher yesterday. Most importantly , S&P 500 VIX crashed 10%. There was huge Volatility in global markets due to Fed event. Markets remain volatile only when they have topped out or have bottomed out. Right now I feel we have bottomed out at 16850. Asian markets are slightly lower now. Dow futures are lower. SGX Nifty is at 17500. Finally , the most awaited day has come. Budget 2022 is going to be presented today. Expectations are of a good and stable budget. Reasons are the Elections coming up and LIC IPO in March. Govt very well knows if LIC IPO has to go through , Market sentiment has to be good. Without good market spending it would be very difficult for IPO to go through. Market had already fallen a lot before the budget. Although we have rallied in last 2 days but still we have some upside left. Though I feel it's not favourable to chase today's gap up. Today's gap up is a good opportunity to book profits those who carried longs. Bud
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