- U.S Markets closed higher Yesterday.
- Asian markets are mixed
- Dow futures are slightly lower right now
- SGX Nifty is as flat as it can get.
- Yesterday market opened with a mild gap down.
- That gap down was immediately bought into.
- Markets were steady throughout the day.
- Until 2 pm there was slight profit booking and Nifty came close to 16500.
- As soon as Nifty touched support of 16500 there was a shap recovery.
- Nifty closed above 16600 yesterday.
- I keep listening that 16600 is achieved now market will fall
- 16700 is the last target after that it won't go higher etc
- I don't follow all these targets stuff etc.
- In an uptrend no resistance works.
- In an downtrend no support level works.
- Markets price action will tell you when it starts reversing
- Right now there's no such sign.
- Banks are leading this rally with slight participation from all sectors.
- ECB has raised interest rates by 50 basis points yesterday.
- Still there was no panic or reaction from the market.
- When Market starts ignoring negative news that means it is super Bullish sign.
- Nifty might Trade between 16500 to 16800 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