- U.S Markets closed mixed Yesterday.
- Right now , Dow futures are higher.
- Asian markets are slightly higher
- SGX Nifty is up 20-30 points.
- Yesterday was a total surprise from the markets.
- Nifty was Indicating a gap down close 17750 but markets opened above 17800 and continued to move higher.
- Bank Nifty rallied 1400 points from the day low.
- Nifty rallied 250 points from the days low.
- All this happened against the Global trend.
- This isn't the first instance where this has happened.
- In September itself , when Fed Chairman expressed his concerns over Inflation , Nifty made a 300 point gap down.
- Entire loss was wiped off the next day.
- Bank Nifty is actually on steroids.
- It's just 200 points away from all time highs.
- All the Banks are flying.
- FII's sold for 1400 cr yesterday and DII's bought for 150 cr.
- There was a net outflow of 1250 cr and still the markets closed higher.
- IT Index crashed 3% yesterday.
- I expect that markets are factoring something ahead of time.
- Which we probably do not know yet or may know later.
- Only Indian markets rallying against global trend makes me say so.
- 17900 , 17800 PE have been sold aggressively.
- 18100 , 18200 CE have been written aggressively.
- Markets are pricing in a ranging expiry as of now.
- Nifty might Trade between 17900 to 18140 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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