- U.S Markets closed higher Yesterday.
- Right now Dow futures are Flat.
- SGX Nifty is higher by 80-100 points.
- Asian Markets are higher.
- Today we have a major event.
- U.S Inflation data for August is to released today.
- Though I think markets would not react much on this data.
- This seems more likely to have been factored in by the markets.
- SGX Nifty is indicating a gap up above 18k today.
- 18k is an important zone for Nifty.
- This strike has highest open interest in monthly & weekly options.
- Plus this is also a psychological resistance level.
- Closing above 18k will open door to 18200.
- 17800 is a very important support zone for the markets now.
- Bank Nifty is outperforming Nifty
- Expect Banks to continue outperformance going ahead as well.
- Nasdaq is also higher in U.S markets.
- This will boost the IT stocks here in India as well.
- Nifty might Trade between 17900 to 18100 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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