- US markets closed Negative Yesterday.
- Asian Markets are Trading Flat.
- Right now, as Presidential Candidates heated debate is going on, US futures are Trading higher.
- From Past 2 Months markets have been all over the place but the mean was near 11200 on Nifty.
- Bank Nifty was one of the major Volatile Indice.
- Now Markets will be closely keeping an eye on U.S Presidential Elections.
- This is likely to be the next biggest event for the Markets.
- FII's have sold more than 1000 crores Yesterday.
- DII's supported the Markets in October expiry beginning.
- But FII's now have been selling relentlessly.
- One has to be cautious now on the long side.
- Liquidity seems to be curbing in the Primary market due to many IPO's being launched.
- IPO's have been oversubscribing more than 50X each on average so majority funds are blocked there.
- India VIX is slowly inching higher.
- I will look to build short Positions near 11300-11350 on Nifty (Positional)
- Possibilities that Reliance may hold Nifty today.
- As they have some more Investments from General Atlantic.
- Just as I type Dow Futures down 1% after the Presidential debate after they were in Green.
- So get ready for a high Volatile session today.
- Nifty might Trade between 11120-11340 today.
- stockmarketsadvisory.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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