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October starts on a mixed note !! (30th Sep 2024)



1. U.S Markets closed mixed on Friday.
2. All the indices closed mixed.
3. Right now , Dow futures are slightly higher.
4. U.S VIX was up 10% on Friday.
5. Asian Markets are mostly higher right now.
6. Gift Nifty is indicating a flat opening.
7. Today all the eyes would be on the SEBI meet.
8. SEBI is likely to consider many proposals and changes for expiry.
9. Margin changes , lot changes etc.
10. This would mostly effect the intraday traders.
11. Only for the final decision has come out we would know what is the outcome.
12. Right now , markets are in a Consolidation phase.
13. 26000 to 26250 is the range.
14. Nifty is likely to trade within this range for a while now.
15. October is a long month with 5 weekly expiries.
16. However , this week is truncated.
17. We have only 3 trading sessions left.
18. It's a buy on Dip market currently.
19. 26000 is a good support for this expiry.
20. Nifty might trade between 26000 to 26300 today 

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