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Bank Nifty Yesterday, Nifty Today? (31st May 2024)


1.U.S Markets closed lower Yesterday. 
2. U.S Futures are trading lower now.
3. Asian markets are negative.
4. Global cues are negative currently.
5. U.S Markets have made a short term top and are into correction phase.
6. Gift Nifty is up 20 Points.
7. Finally the huge Volatile May month has ended.
8. We are beginning a new series today.
9. Bank Nifty and Nifty were totally in opposite direction yesterday. 
10. Yesterday Nifty was weak whereas Bank Nifty was strong.
11. Today expecting Nifty to bounce back.
12. Yesterday due to expiry issues it kept weakening.
13. Last 2-3 days correction is a healthy one.
14. Positions are low and we are into elections with not do big expectations.
15. Market positioning before any big event is very important. 
16. If you go in with huge expectations and are at near all time highs then chances of crash landing are high.
17. Similarly the vice versa.
18. Yesterday's low of 22400 could be a short term bottom from now.
19. Nifty might trade between 22400 to 22700 today

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