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U.S Markets Rally !! (3rd May 2024)

1. U.S Markets closed higher Yesterday.
2. All the indices closed higher.
3. Asian markets are all higher.
4. U.S VIX is now below 14.
5. U.S VIX crashed more than 3% Yesterday.
6. Gift Nifty is indicating more than 100 points gap up.
7. Right now , Dow Futures are on fire.
8. Dow futures are up more than 200 points.
9. Thanks to Apple results 
10. Apple has declared very good results and stock is up more than 6% in Pre - Market.
11. Now the most important Question is will the Gap up sustain?
12. The answer is most likely Yes.
13. Yesterday due to expiry play and issues markets couldn't give a big move.
14. Now,  as Markets are light and positions are not big markets can move freely.
15. Bank Nifty which has underperformed yesterday is expected to resume its uptrend.
16. 49k is a strong support for Bank Nifty. 
17. Next resistance for Nifty is at 22800.
18. Let me tell you the secret to make big money in Markets.
19. Secret lies in catching big trends and big moves.
20. When trend is in your favour , keep riding positions by trailing your stoploss and don't exit unless your trailing stoploss is hit.
21. Simply saying , you don't get out yourself , let the market throw you out.
22. Until then , you just keep riding your positions.
23. Nifty might trade between 22500 to 22800 today.


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