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Blue Sky Zone !! (28th Dec 2023)



1. U.S Markets closed slightly higher Yesterday. 
2. Right now , Dow Futures are higher.
3. Asian markets are higher.
4. Gift Nifty is indicating a gap up opening of 80-90 Points.
5. U.S VIX crashed 4% Yesterday. 
6. Yesterday India VIX was up by 7%.
7. India VIX is now above 15.
8. If India VIX doesn't fall in next 2-3 trading sessions , then it's a caution sign
9. Expecting VIX to go down by 2-4% today.
10. Yesterday in the first half Nifty touched all time high of 21600 and reversed.
11. Then took support near 21500 & Post 3 pm shot up 100 points.
12. This shows the Bullishness of the markets.
13. We are in a big uptrend markets.
14. In such type of markets money is made by just holding on to your positions.
15. 21600 which was previously a resistance is now a support.
16. Yesterday there was highest open interest for 21600 CE.
17. Many were trapped yesterday and those who didn't exit yesterday will be trapped big today.
18. As I pointed out yesterday that Bank Nifty should lead the rally if Nifty should go higher.
19. Bank Nifty outperformed Yesterday and climbed 300 points as soon as it crossed 48k.
20. Nifty might trade between 21600 to 21900 today.

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