- U.S Markets closed higher in the last 2 trading sessions.
- On Monday night U.S Markets went closer to 52 week lows and there was a sharp recovery
- Dow recovered 500 points in the last hour of trade.
- Yesterday as well the momentum did continue.
- Asian markets are higher.
- SGX nifty is flat.
- Today is the most awaited decision day.
- U.S fed rate hike.
- I sense it's already priced in into the markets.
- Risk - reward favours going long now.
- I sense all the global markets and we have made a short term bottom
- Nifty bottom should be at 16800.
- Keeping this as stoploss and can go long.
- There could easily be a 3-5% rally in Global markets after rate hike news.
- 50 basis points in the expected rate hike today.
- I don't see there would be any sort of disappointments.
- HDFC Bank and hdfc Ltd are showing good resiliency.
- Hdfc has posted very good numbers and these 2 stocks have finally stopped falling.
- The sentiment is very negative and everyone looks bearish.
- Everyone talking Nifty going to 16500 -16000 etc and that's most likely you should be on other side.
- LIC IPO is a major headwind and will suck lot of liquidity from the market.
- I will give my detailed view on LIC IPO tomorrow in the blog.
- I don't see LIC IPO listing at so much discount as Paytm did.
- Those who applied for Paytm IPO faced huge losses and hence it disturbed Market.
- I see smooth sailing of LIC IPO without a lot of turbulence to market.
- Nifty might Trade between 16980 to 17220 today.
- stockmarketadvisory.in
1. U.S Markets closed lower on Friday. 2. Dow Jones was flat. 3. Nasdaq was the underperformer. 4. Gift Nifty is down 30-40 Points. 5. Asian markets are mostly lower as well. 6. Friday the Nifty opened with a gap down of 200 points. 7. Within the next 10 minutes , Nifty recovered 100 points. 8. Bulls expected recovery is on the cards but Nifty started to Crack. 9. Bank Nifty was holding up Nifty for most of the while. 10. It couldn't be able to provide much of a support and Bank nifty also began to correct. 11. The issue now is market has had vertical rallies. 12. One way quick rallies so now the downfall will also be vertical. 13. When markets go up quick , they come down quicker. 14. Infy dragged the mood and also HUL didn't post extraordinary results so it was also a laggard. 15. Banks tried hard to hold the markets but couldn't. 16. Over the weekend , AU Bank and icici bank reported very good numbers. 17. These banks have already rallied a lot before results
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