- US markets closed a percent higher Yesterday.
- Asian Markets are all in Green.
- SGX Nifty is Trading around 11240 now.
- Yesterday our Markets Witnessed large profit booking in last hour.
- Reason was Majorly Reliance.
- Today around 5.30 pm it is coming up with Results .
- So there was a heavy profit booking here.
- The good thing is Yesterday in Spite of Markets closing low most of the stocks were in green and few in red.
- Market breadth was towards Advances.
- Yesterday US fed came up with a Positive Outlook and came up with measures to revive economy.
- Also they have said that they have all the Tools to ensure Liquidity and use it when needed.
- This Created a Positive sentiment and US markets rallied.
- Many people after Yesterdays fall start to Question that has the Trend changed.
- According to me the answer is NO.
- Trend will not change until Global Markets become Bearish.
- As long as Global Markets are Rallying we will also Participate.
- Every dip is buying Opportunity.
- Expecting Today's Expiry to be Rangebound with a Slight Positive Bias.
- Expecting today's range between 11180-11340.
- Will set puts below 11200 and calls above 11350 and keep Adjusting positions.
- Have not Carried any Positions due to event in U.S.
- But that has come on expected lines so there is not much impact on our markets.
- Consult your Financial Advisor and trade on your own risk.
- stockmarketadvisory.in
1.U.S Markets closed higher Yesterday 2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically. 9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country...
Comments