1.U.S Markets closed lower Yesterday.
2. U.S Futures are trading lower now.
3. Asian markets are negative.
4. Global cues are very negative currently.
5. India VIX rose 4% on Tuesday and crossed its pevious high of 22
6. Now , India VIX is at 24.
7. Gift Nifty down 90 points currently.
8. We are likely to open at 22600 on Nifty.
9. We are stuck somewhere between Bad Global Cues & Good Local Cues.
10. Good Local Cues include S&P 500 upgradation news on India.
11. Secondly , Onset of Monsoons in Kerala from today as per projections.
12. Thirdly, reducing uncertainty relating to Elections.
13. U.S Markets have been crashing due to Inflation and rate cut worries.
14. Over my experience, market places more emphasis over Local cues than Global.
15. Today is also the Monthly expiry for Nifty
16. Many people are waiting on the sidelines to invest money.
17. They would invest after the elections verdict.
18. So there would be huge liquidity flow that will come in post elections.
19. We have 3 trading sessions before the Elections verdict.
20. There will be Volatility around.
21. It's a buy on Dip market.
22. Nifty might trade between 22600 to 22900 today
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