- U.S Markets closed higher on Friday.
- Right now Dow futures are lower.
- SGX nifty is indicating a flat Opening near 15700.
- Asian markets are lower.
- July month also begins with FII selling.
- FII's have sold around 2500cr on the first trading day of July.
- Another record is FII's short position stands at 85% in Index Futures.
- I haven't seen such bearishness not even during Covid times.
- As long as FII's hold such huge shorts there is no significant scope of turnaround in the Market.
- I keep hearing lot of crap like Retailers will take the markets higher.
- FII's will surely join retailers etc.
- This is just a crap , FII's are more informed people and smarter.
- These have huge capital and networks.
- These people know lot more than an amateur retailer & news reaches first to these informed people.
- So I expect much more tough times ahead in the Market.
- Fridays price action was again quite volatile & dangerous.
- Nifty fell all the way to 15500 & then revovered with quicker speed.
- Now even large cap stocks like Reliance also facing the heat.
- It was down 7% on Friday.
- Nifty might Trade between 15600 to 15900 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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