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Jan Expiry !! (25th Jan 2024)



1. U.S Markets closed mixed yesterday.
2. Right now , Dow futures are higher
3. Gift Nifty is indicating a flattish opening. 
4. Asian Markets are mixed.
5. Markets in January have been highly Volatile.
6. There have been some erratic moves that were nowhere out of expectations 
7. Daily range for nifty in Jan was 300 points average.
8. Bank Nifty is much higher.
9. Yesterday once again Bulls were to the rescue.
10. Nifty took support from 21150.
11. Bank Nifty finally seems like the dust has settled.
12. Bank Nifty is down 3000+ Points from its high in Jan.
13. Nifty range now for me is 21150 to 21850.
14. Within this 700 point range Nifty has been moving with huge Volatility. 
15. Bank Nifty is better to avoid now as it's going through problems of its own.
16. Downside looks capped in Bank Nifty as of now.
17. Entering with low expectations for a major event like Budget is always good.
18. Although it's an interim budget so there won't be much takeaways from the budget.
19. Nifty might trade between 21350 to 21700 today.

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