- U.S Markets witnessed slight profit booking yesterday.
- Asian Markets are flat.
- SGX Nifty is trading near 16280 now.
- Dow Futures are flat.
- Our Markets have witnessed a fantastic rally in last 2 days.
- Nifty was up by 400 points
- Bank Nifty up by 1500 + points.
- Hdfc Bank results dragged Bank Nifty lower by 1500 points but now Bank Nifty has recovered all losses.
- SBI results has turnaround Bank Nifty in the past.
- Yesterday is was no different.
- SBI results were better than other Banking results.
- Bank Nifty crossed 36k briefly at one point.
- Today is weekly expiry.
- This rally for last 2 days continue to go as usual.
- Markets cannot go up so fast everyday.
- Now Consolidation is required for Bull's.
- Expecting a ranging day today with Slightly positive bias.
- Generally weekly expiry are Rangebound.
- Nifty might Trade between 16180 to 16340 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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