- US markets trading at fresh record highs with each passing day.
- Asian markets are slightly Bullish.
- SGX Nifty is Trading near 11620.
- This has been a Phenomenal rally by the Markets.
- Nobody expected markets to recover so quick , so fast.
- August Month has also been a great Month for Bull's.
- How long will this rally sustain? Can our Markets touch fresh record highs?
- The Answer is Yes , anything is Possible.
- The rally is so strong that Bears are being taken to cleaners.
- Expecting a Month of Consolidation for September.
- These are all Probabilities , not Certainties.
- Markets can do anything out of the box.
- August Month belonged to Bank Nifty.
- Bank Nifty was underperforming for last 2 Months.
- But in August Bank Nifty Single Handedly took Nifty higher.
- It is a Buy on dip Market.
- Just follow the Trend and make money.
- Do not do anything fancy.
- Reliance has entered into Consolidation phase.
- FiI's have been buying continuously whereas DII's have been selling.
- Nifty might trade between 11520-11680 today.
1. U.S Markets closed lower YESTERDAY. 2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation. 11. All these news have spooked the Global Markets. 12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday. 14. Although it doesn't impact us at all , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive 16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low...
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