- US markets closed flat , the same has been going on from quite a long time now.
- Asian Markets are Mindly Positive.
- SGX Nifty is Trading around 11340.
- August upto now seems to be a Month for Consolidation.
- Markets have been Consolidating since last 2 weeks.
- Nifty has been Trading within 300 Point Range.
- With AGR news Postponed there is no major event for Markets.
- Nifty & Bank Nifty is Consolidating but Midcaps are Outperforming.
- Midcaps are in a Bull Market of their own.
- Investors should be very Careful here.
- As Good Quality Stocks are not Performing now from some time ,investors make the mistake of loading up the Portfolio with Junk Midcap Stocks.
- When Markets fall these stocks will fall rapidly while Quality Stocks won't fall much.
- So Investors should always stick to Quality stocks.
- Bank Nifty is showing some strength but all rallies are being sold into there.
- From few weeks Nifty is opening gap up and selling off during the day.
- This seems to be picture.
- FII's were net Buyers Yesterday and DII's were net sellers.
- Expecting this Consolidation to continue for today also.
- Nifty might Trade between 11280-11440 today.
- 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...
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