- U.S Markets closed lower Yesterday.
- Right now , U.S Futures are higher.
- Asian Markets are higher.
- SGX Nifty is Trading near 16670 now.
- August Series was a Fantastic one for the Bulls.
- Nifty broke out of 16k in the first week and then it was no looking back.
- Nifty has rallied 700 Points in August series.
- Bank Nifty is the problem.
- Bank Nifty is at the same level as it was on August beginning.
- Banks are struggling to perform.
- SBI always comes up with great results but the Stock never moves.
- Infact the Stock is lower than the results price.
- IT Stocks have been on fantastic Bull run and there's no signs of stoppage.
- Infosys even after facing related to its Income Tax Portal continues to rally.
- 16700 is a resistance for Nifty it's just a matter of time before we cross this level.
- Expecting the rally to Continue but not at such faster pace.
- It's not wise to think about a crash now and take short positions.
- Trends take a long time to bend.
- Until then it's wise to follow the trend and focus on making money than acting as a genius and shorting the Market.
- Nifty might Trade between 16580 to 16720 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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