- U.S Markets closed lower Yesterday.
- Right now Dow futures are slightly lower.
- SGX nifty is indicating a very flat opening exactly near Yesterday's closing.
- Yesterday the most awaited Inflation numbers were announced.
- U.S Inflation sky rocketed to 9.1%.
- This is once again the highest Inflation number in last 41 Years.
- Because of the same U.S markets fell yesterday.
- According to me , I sense that the worst is already discounted in the Market.
- Yesterday in spite of such high Inflation number , U.S VIX fell
- Expect Inflation to cool down from next Quarter.
- Yesterday we closed below 16k.
- So the short tern trend stands negative.
- Market lacks momentum on either side
- Previously there would be 300 points movement evedyday in Nifty.
- Now the momentum has reduced.
- So do the option Premiums.
- Expect last 2 weeks of July expiry to be Volatile.
- FII's start to sell again.
- Bulls will be happy with a month of Consolidation on Major Indices
- Nifty might Trade between 15900 to 16100 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
Comments