- US markets closed higher yesterday.
- Asian markets are flat.
- U.S futures in red now so SGX Nifty is almost flat
- Yesterday night it was higher.
- SGX Nifty is down slightly.
- So markets are expected to open flat.
- Option writers like Markets to open flat specially on Expiry days.
- Global markets are highly Volatile and are giving big Moves on both sides.
- Stocks like SBI, Axis Bank fell nearly 20%.
- SBI once again below Rs 200.
- Yesterday afternoon news came that Silver lake is investing in reliance retail.
- Reliance bounced back from lows and recovered the Market.
- Expecting a flat to negative expiry today
- Today one more major news is supreme court hearing on banks interest.
- That will create high Volatility today.
- Option writers should be careful today.
- Look to take Minimum Quantity at first with fixed Stoploss and dont keep positions open till 3.30
- Nifty might trade between 11200-11380.
- 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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