- U.S Markets closed lower on Friday.
- Right now , Dow Futures are lower.
- SGX Nifty is down 100-120 points
- Asian markets are mostly lower.
- Friday session was a intense volatile one.
- Before RBI press conference , markets were down.
- As soon as it got over , there was a heavy short covering rally.
- This rally had powered Nifty above 17k.
- Trend is sell on rally.
- There will be powerful short covering rallies.
- In due course , they would be sold into.
- U.S Markets look very weak
- Apple is down 10% now in last week.
- When Bluechips start to callapse that's when markets bottom out.
- Bottom is quite far away now.
- I don't think it's been done yet.
- U.S VIX is still above 30.
- This is a dangerous sign
- Look to sell on rallies and prefer only trading Intraday.
- Carrying over Positions is quite risky in this environment coz of huge gap openings.
- Nifty might Trade between 16800 to 17100 today.
- Range on Friday was too big
- Expecting an inside candle / consolidation 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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