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Big Events done & dusted (2nd Feb 2024)




1. U.S Markets closed higher yesterday.
2. U.S Markets have recovered all its losses made due to Fed Commentary. 
3. Right now , Dow Futures are flat.
4. Gift Nifty is up 150+ Points.
5. Asian markets are mostly higher.
6. The Interim Budget has been done & dusted yesterday 
7. As I had mentioned in my previous day blogs , that this budget is just a formality and exactly same happened.
8. There were no major announcements in the Budget.
9. There was huge noise from Media people which makes an impression that there was loads in budget.
10. It's their job to say something 24*7 so that they keep doing.
11. In reality it was a minimalistic budget which has nothing major in it.
12. It's just a vote on account.
13. The only thing positive is there is nothing negative.
14. It will help in increasing growth and not vice versa.
15. Expect the bullishness to continue from here on as well.
16. Fed policy & budget are the 2 major events that have been done & dusted.
17. Expect Volatility to crush & reduce from here on.
18. If we sustain above 21850 then we are heading towards 22k.
19. Once 22k crossed then we are heading towards 22200 which is all time high.
20. Nifty might trade between 21700 to 22k today.

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