- US markets Flat Yesterday.
- Asian Markets are also flat.
- Markets all over the world are showing signs of Consolidation.
- Yesterday was expiry and our markets were mostly Flat.
- We witnessed severe correction in first half and expected that this could turn out much worse.
- Bears tried their best to break 13400 Yesterday but couldn't succeed.
- Finally we witnessed big short covering in last hour.
- SGX Nifty is Trading near 13520 now.
- This is now a market which will reward those who buy on dip patiently.
- Entering on gap ups us a very risky trade as this Market is already at highs.
- Also an Interesting thing noticed Yesterday was sector rotation.
- Sector rotation has been happening and money has been shifting to FMCG stocks.
- FMCG stocks have not performed in this rally but when bear market comes there stocks start performing.
- It's time to be very selective and careful now while choosing Equities.
- Markets look like there is some steam left now on the upside.
- But it will be a slow and steady game.
- Pace at which we will witness the same will be lowered now.
- Consolidation with a slightly Bullish bias is the Expectation.
- 13400 & 13500 is the range.
- Near 13400 it's a good level to enter into.
- Until then it's better to trade Individual stocks and avoid buying Nifty at higher levels and getting trapped.
- Nifty might Trade between 13380-13540 today.
- stockmarketadvisory.in
- Question of the day by MR. Harish
- Who are FII & DII and how do they impact the Market.
- FII's are Foreign Institutional Investors. There are foreign investors who invest in our Markets. These are the people having huge funds that's why keeping a track of their activities is important to get an idea about markets.
- DII's are Domestic Institutional Investors. These are local people who trade in Indian Markets who manage or have big amounts of money.
- DII money + Retail Money = FII's Money.
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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