1. U.S Markets closed lower Yesterday. 2. Right now Dow futures are higher. 3. U.S Markets witnessed a good profit booking Yesterday. 4. Asian Markets are higher. 5. U.S VIX was up 4% Yesterday and now near 20. 6. Gift Nifty indicates a 50 point gap down opening. 7. Today Nifty might open near 25000. 8. Tye major action today would be for Bank Nifty. 9. Today is the weekly expiry for Bank Nifty. 10. 52000 is a stiff resistance for Bank Nifty. 11. Expecting Bank Nifty to be volatile today. 12. As Bank Nifty is under pressure , it's impacting Nifty too. 13. Major disappointment in October series is of Reliance. 14. Reliance is down 10% from its peak. 15. Yesterday it even broke 2700. 16. Reliance is leading the way downwards for Nifty. 17. Corporate results from largecap stocks have been quite sub par 18. There haven't been any standouts yet. 19. Mid & Small cap stocks selectively have been doing very well. 20. Nifty might trade between 24900 to 25200 today.
1. U.S Markets closed higher Yesterday. 2. Right now Dow futures are higher. 3. U.S Markets hit yet another fresh all time high yesterday. 4. Asian Markets are higher. 5. U.S VIX crashed 4% Yesterday and now near 19. 6. Gift Nifty indicates a 110 point gap up. 7. Yesterday markets closed at the highest point of the day. 8. This shoes the strength of the market. 9. Also this shows continued uptrend in the markets. 10. Crude OIL is the main reason for market stability. 11. Crude Oil has fallen 5% in last 2 sessions. 12. Which is a big positive for India. 13. Reliance has declared good numbers yesterday. 14. Dmart numbers were ok but the Valuations were too high. 15. This was the reason the stock crashed yesterday. 16. Bank Nifty looks quite strong compared to Nifty currently. 17. 25000 is an immediate support now. 18. 24700 is a bottom now we can say that safely. 19. Only worry now is the Hyundai iPO. 20. In the past whenever such big IPO's have come they have stalle
