- US markets ended on a Flat note Yesterday.
- Asian Markets are also in Consolidation phase.
- SGX Nifty is Trading around 12270.
- Yesterday our Markets opened at fresh highs but we witnessed good profit booking Intraday.
- These sort of dips and Corrections offer a good Opportunity to build longs and re enter.
- In Bull Markets dips get bought into much faster.
- Feb first week we witnessed a fantastic rally in our Markets.
- After that we are into Consolidation phase.
- Uptrend is still intact while in Consolidation.
- India VIX was slightly higher Yesterday due to correction which had happened Intraday.
- Usually on Wednesdays India VIX stays higher and Volatility is more.
- Expecting this Expiry between 15040-15420.
- Highest Open Interest is in 15000 PE and 15400 CE.
- That's the reason why we witnessed good profit booking Yesterday at higher levels.
- I would be looking to trade in Extreme levels of the range.
- DII's have been Contineously selling this week.
- Actually , the Selling Number of DII's is more than buying of FII's.
- Bank Nifty looks Stronger to Nifty.
- But at the same time Bank Nifty is highly Volatile.
- Moves are quite fast compared to that of Nifty.
- Nifty might Trade between 15120-15350 today.
- 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