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U.S Markets back at all time highs !! (16th Feb 2024)

1. U.S Markets closed higher yesterday 
2. All the indices closed higher.
3. Right now dow futures are slightly higher.
4. Asian markets are higher.
5. Gift Nifty is indicating a gap up of 70+ Points.
6. U.S VIX crashed 3% Yesterday.
7. U.S Markets are now back to all time highs.
8. They have recovered all of their losses made on Fed rate hike decision
9. Now they are again back to rock.
10. Indian Markets are close to their all time highs too.
11. Nifty is back to all time highs.
12. Bank Nifty is a bit away from ATH.
13. But right now we have to be a bit careful.
14. Both the Indices are trading at the higher end of the range.
15. 22k and 22150 are major resistance levels.
16. Once these get crossed we would be heading higher.
17. Until then it's better to stay away.
18. It's always better to enter into the trade when there is a clear indication that to enter in uncertainty.
19. It's OK if you miss out of 100-150 points move.
20. If you lose you will lose huge money.
21. I would be waiting patiently at these levels and see my set up to unfold.
22. Next 1000 points on Nifty we may see large caps outperforming small caps.
23. Banks too most likely to join the party.
24. Nifty might trade between 21850 to 22150 today.


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