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July starting on a flat note !! (1st July 2024)



1. U.S Markets closed lower on Friday.
2. All the indices closed slightly lower.
3. Gift Nifty is indicating a flat opening.
4. Asian Markets are mixed.
5. We have consolidated on Friday. 
6. Markets opened on a Bullish note traded higher all the day.
7. At last , there was heavy profit booking.
8. All the gains were wiped out on Nifty and markets closed flat.
9. Markets are still Bullish.
10. The pace of the market going up won't ne the same as before.
11. The pace will reduce.
12. Reliance has already made a fresh high
13. Hdfc bank should be the next.
14. HDFC bank might consolidate for a while before it finally crosses 1750 which is its all time high.
15. India VIX is expected to reach 12 in coming days
16. This might further erode the option premiums.
17. Also a short term small consolidation will make the markets settle.
18. Then we could be ripe for the upmove.
19. One way move is also not good for the markets.
20. Nifty might trade between 23900 to 24200 today.

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