1. U.S Markets closed flat Yesterday.
2. Right now U.S Futures are slightly higher.
3. Gift Nifty is Flat.
4. We are going to open close to 19700 today.
5. Asian markets are mixed right now.
6. All the U.S Futures are trading in Green right now.
7. Last 2 trading sessions markets have consolidated.
8. Yesterday the markets were highly Volatile.
9. Yesterday markets opened almost flat and as soon as we opened Nifty and Bank Nifty started to Crack.
10. Nifty broke its important support of 19600 and traded lower for a while.
11. Bank Nifty went below its support of 44400 and went up to 44200.
12. Then there was a huge recovery and Nifty shot up 150 points from days low.
13. Bank Nifty shot up 300-400 Points from days low
14. Nifty closed at the highest point of the day yesterday.
15. Reliance supported the markets yesterday.
16. It wasn't much support as it was up just 1%.
17. Before yesterday, Reliance crashed a lot so it's good that it has seemed to bottom out.
18. 19800 CE has the highest open interest for today.
19. Yesterday low should be good support.
20. Expect markets to trade within this range.
21. Nifty might trade between 19550 to 19800 today.