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Fresh all time highs (30th June 2023)

1. U.S Markets closed higher Yesterday.
2. Right now , Dow Futures are flat.
3. Asian markets are slightly higher.
4. SGX Nifty is indicating as flat opening as it can be.
5. Expiry was a paradise for the Bulls.
6. As said , as soon as Nifty crossed 18900 there was a shift rally towards 19k.
7. This was because 18900 CE had huge open interest.
8. Nifty touched 19k on the expiry day itself.
9. Keeping things simple can lead to huge overall gains in the markets.
10. This is a fantastic overall rally in the markets.
11. 18900 which was a previous resistance now becomes the support.
12. One could keep a stoploss of 18900 today and go long for targets of 19100-19200.
13. Those who are already long on these markets should keep trailing stoplosses.
14. Trailing stoplosses is the key as the risk will be minimized.
15. Nifty is at all time high but the sentiment isn't that great. 
16. Many participants are still on cash and waiting for a dip / correction in the markets.
17. Many portfolios which got invested during Covid markets highs are still bleeding 
18. This has become a very narrow market and the rally is also quite narrow.
19. You won't see every stock making highs in this kind of markets 
20. You have to be quite selective in your stock picking approach.
21. Nifty might trade between 18900 to 19100 today.


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