- US Markets closed Mixed.
- Right now , U.S Futures are up 0.5%
- SGX Nifty is Trading near 13870.
- Trump signs U.S Stimulus bill.
- Asian markets are positive.
- That is indicating fresh all time high for Nifty.
- Last Monday was the Technical Glitch day.
- Nifty fell 4%, Bank Nifty fell 5%, mid cap and small cap fell 6%.
- I've stated many times in past that Bull Market corrections last only for a day.
- We have recovered all the losses.
- Now we might Consolidate after this big gap up.
- Markets giving Intraday Correction almost daily & these are an Opportunity to enter.
- FII volumes dried up.
- Due to New Year & Christmas holidays.
- Bank Nifty also looks quite strong.
- With all front line bank stocks almost at their highs.
- FMCG & IT is the place to park funds right now.
- Look for stocks which haven't Participanted much in this rally.
- These will be more Value bets.
- Volumes will be very low as its holiday week.
- That also gives room to high Volatility.
- Nifty might Trade between 13740-13880.
- 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
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