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Momentum to continue? (11th Sep 2023)

1. U.S Markets closed flat on Friday. 
2. Right now , Dow Futures are higher.
3. Gift Nifty is up 30 points.
4. Asian markets are mostly higher.
5. Our Markets have been going through a bull phase in the short term.
6. Mid and small cap stocks are firing.
7. Nifty and Bank Nifty have covered up most of the underperformance in the last week.
8. This is a good sign.
9. Buying has also started in large cap stocks which I had said quite some time ago.
10. Bank Nifty has crossed its August high of 45000.
11. RBI has revoked its decision of incremental CRR.
12. This has caused even more positive sentiment across Banking stocks.
13. Nifty is just a percent away from its all time high of 20k.
14. U.S VIX fell 3-4% in the last trading session.
15. Expect India VIX to fall or at the least be the same.
16. Subscribe to EMS Ipo for big listing gains.
17. Usually I avoid IPO's as it causes mind diversion from my regular trading.
18. As there is a frenzy going on we should just cash in on the opportunity. 
19. Also IPO process has been made very quick now a days with T+3 settlement which is a good news for investors.
20. Nifty might trade between 19750 to 20000 today.


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