- U.S Markets closed higher yesterday.
- Asian markets are higher.
- SGX Nifty is higher 80-100 points.
- Markets are now firing on all cylinders.
- Yesterday last 30 minutes nifty scaled higher by 100 points.
- I mentioned yesterday that big move would come if 18700 is taken out.
- Once 18700 got breached , there was a huge rally.
- Markets looking excessively bullish right now.
- We do not know where will this momentum stop.
- Until then we just have to ride the trend.
- Keep trailing the stoploss and keep riding the trend.
- That's the way to go from here
- We have weekly expiry today and expirys generally can be volatile.
- Particularly after 2 pm Volatility is likely to increase.
- So it's better to close positions by 2 pm.
- The only worry I have is Gujarat state elections.
- Markets are going into the elections with huge optimism.
- Thats the only worry as of now as any disappointment could cause a big crash.
- Nifty might trade between 18600 to 18900 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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