- U.S Markets closed higher Yesterday.
- Asian markets are mixed.
- SGX Nifty is close to 17900 right now.
- Yesterday markets opened with a huge gap up and traded flat throughout.
- After 3 pm there was a 50 points short covering in Nifty.
- Nifty closed at the highest point of the day Yesterday.
- When markets close at the highest point of the day & unless there are no significant negative news.
- Chances of a gap up opening on the next day are high.
- Similar when Market closes at the lowest point of the day.
- IT Index is likely to cross the Important level of 30,000.
- There is not a slight indication of reversal yet.
- When Market gives you a sign of reversal you should book profits on longs.
- When there are no such signs it's better to keep riding the long Positions.
- FII's are momentum traders.
- Once they start buying they won't go back.
- They continuously keep buying and buying and buying.
- 18000 CE has the highest open interest in monthly options.
- Once this level gets taken out there would be fireworks
- My simple message right now is not to assume anything.
- There are no signs of reversal yet
- Do not look to short this market.
- Look to buy at dips and ride the trend.
- Wednesdays have been quite volatile in the past
- So today you might get an opportunity to enter at low levels coz of Volatility.
- Nifty might Trade between 17700 to 18000 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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