- U.S Markets closed positive on Friday.
- Job numbers reported were below expectations.
- Markets expect that if Job numbers are lower Fed wouldn't increase interest rates in near future.
- In Bull Markets news are interpreted seperately even if it's Negative.
- Right now U.S Futures are Asian Markers are down slightly.
- SGX Nifty is trading near 15750.
- Bank Nifty unperformed on Friday.
- There was not much out of RBI Policy but banks witnessed huge profit booking.
- In U.S they say if one Index hits fresh highs and Other Index do not follow then we are not in a Bull Rally.
- Rally will fizzle out in coming time.
- So if this is a Bull Market and if this is to continue Bank Nifty should touch it's all time highs sooner than later.
- Nifty is at its all time highs.
- Mid cap index has already crossed all time highs.
- Small Cap index has also done.
- Bank Nifty is the only laggard currently.
- PSU Banks are likely to Outperform than Private Banks.
- SBI default numbers were lowest in this Quarter in the last 4 years.
- I expect SBI to lead Bank Nifty rally.
- We are in a Bull Market and this is likely to continue.
- Buy on dips to apply.
- Nifty might Trade between 15660-15820 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