- U.S Markets closed higher Yesterday.
- Dow futures are flat now.
- Asian Markets are mixed.
- Yesterday U.S Inflation data came as it was lower than Expected.
- Inflation data being lower postpones the chances of increase in Interest rates.
- That's why the Global Markets were higher.
- SGX Nifty hit an all time high of 16370 Yesterday.
- Now it's cooled off and Trading near 16330.
- Yesterday the Markets were Volatile during Intraday.
- We had a gap up and then we witnessed selling but ultimately closing flat.
- Yesterday was also a Consolidation on a close to close basis for Nifty.
- Weekly Expirys are generally Rangebound unless there are any fresh news.
- Expecting the same today.
- Expecting weekly expiry to be ranging with slight positive bias.
- From last few days , Midcaps and small caps have been witnessing good amount of profit booking.
- There is a Distribution happening and money seems to be shifting to largecap stocks.
- I am Bullish on Airtel for long term.
- Reason is simple , Idea Vodafone going out of business will have just two players left and make it an Oligopoly market.
- These players will then control the Market Dynamics.
- Nifty might Trade between 16220 to 16360 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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