- U.S Markets closed slightly lower Yesterday.
- Dow futures are slightly lower now.
- Asian Markets are mixed.
- SGX Nifty is trading around 16250.
- We are poised for a flat opening today.
- Yesterday Bank Nifty saved the day for Bull's.
- Nifty after a long time underperformed Yesterday.
- I expect the Underperformance to continue for this Expiry.
- 16000 PE has the highest open interest for this week's Expiry.
- So on any dip selling 16k PE is advisable for Bulls.
- Yesterday we consolidated throughout the day on Nifty.
- Bank Nifty was very Volatile as Expected.
- This is not a Market where you can blindly go and buy any stock and make money.
- Market is highly Overvalued now so one has to be stock specific in this Market.
- IT stocks still have some steam left.
- This is a place for safe investors.
- Metal stocks have already rallied and doubled in last 6 Months.
- This sector doesn't seem attractive to me.
- Consumer , FMCG & IT are preferred sectors as of now.
- Nifty might Trade between 16160 to 16320 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
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