1. U.S Markets closed higher on Friday.
2. Right now , Dow Futures are flat.
3. Asian Markets are mostly mixed.
4. SgX nifty is up 50 points as of now.³
5. Nifty has closed lower for the second straight say over the weekend.
6. Markets were rallying one way all the way to all time highs.
7. This caused everyone to take Bullish positions.
8. So take out from the existing positions by giving a shake out is required.
9. This was the shake out that's happening now.
10. The trend of the markets, are Bullish.
11. Markets are in a roaring uptrend rally now.
12. Last 2 days provide me a good support.
13. Today's morning low of nifty could possibly be the next low for whole expiry.
14. India VIX is at all time low.
15. There are no much events.
16. Abhi aapke liye bhi achcha.
17. Bank Nifty is slowly underperforming from that of nifty.
18. 18900 on Nifty and 45k on Bank Nifty
19. Nifty might trade between 18500 to 18800 today.