- U.S Markets closed slightly higher Yesterday.
- Right now Dow futures are lower.
- SGX nifty is indicating a slight positive opening near 16030.
- Asian markets are mixed.
- Price action and Global markets action depicts market is unwilling to fall
- There has been a lot of stability in our markets from past 12 trading sessions.
- Every dip is getting bought and Market is unwilling to go lower.
- Global markets as well are highly volatile but at the same time gradually moving higher.
- Most important is the VIX.
- U.S VIX is now below 27.
- FII's selling has reduced to 364 crores yesterday.
- This is quite less compared to what they used to sell earlier
- Earlier sell figures were not lesser than 2000 crores at any point of time.
- DII's bought for 1460 crores yesterday.
- We should be happy as long as FII's don't sell too much.
- Intraday volatility is increasing day by day.
- Intraday volatility and India VIX should go below 18 for markets to subside.
- Nasdaq showing remarkable resilience.
- Expect Indian IT sector to move upwards from here.
- In the short run I sense our IT sector has bottomed out and I have taken many long positions on the same.
- Today's expiry is likely to be flat closing with huge Intraday volatility.
- Nifty might Trade between 15860 to 16080 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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