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Stock Pickers Market !! (11th March 2024)


1. U.S Markets closed higher on Friday.
2. Right now , Dow Futures are flat.
3. Asian markets are mixed.
4. Gift Nifty is indicating a 60 point gap up opening.
5. March month upto now has been great for Bulls
6. This month has indicated a shift in the ongoing trend.
7. Which is money now gradually chasing Quality & Earnings & not smallcaps.
8. Secondly,  markets have been showing that no matter how many people get bearish in the short run , markets always follow fundamentals.
9. All these factors contribute to a Bullish momentum ahead.
10. Markets will be slow , choppy and not fast and furious.
11. Money will be made but it will be made slowly.
12. Not like how it was made last year.
13. For traders specially,  option sellers this is a great market.
14. Low momentum , VIX crashing and fast Theta decay
15. Option sellers just have to be patient and not get greedy.
16. Option buyers on the other hand having a tough time as options are decaying quick.
17. I expected the momentum to continue.
18. My view will change to flat from Bullish when Nifty breaks 22300
19. Until then do not apply brains , do not try to predict from where will the market reverse etc..
20. Money is made by following markets and not by predictions or being counter smart.
21. Nifty might trade between 22450 to 22750 today.

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