- US markets closed lower Yesterday.
- Stimulus has been delayed and there has been no news.
- So due to this there was some profit Booking.
- Asian markets are mostly Negative.
- SGX Nifty is Trading near 12000.
- Meanwhile , Infosys has come up with Terrific results.
- Wipro results were not that Great so we Witnessed profit booking in IT Stocks Yesterday.
- Infosys results look very good.
- Will be Noteful to see how the stock will react to the same.
- First hour is very critical for our Markets today.
- If we spend some time above 12k then possibilities of 80-100 points upward movement open up.
- 12000 CE has got the highest open interest in weekly options.
- Yesterday Market reversed significantly in last hour.
- Nifty and Bank Nifty Rallied by a percent each.
- Generally Expiry days we witness some big Moves.
- Today's movement will be Noteful to see.
- Momentum is so strong towards Upside.
- Trade remains to sell Puts once we cross 12k and Sustain.
- If we do not Sustain above 12k then ITM Straddles for today's Expiry would work.
- Nifty might Trade between 11920-12080.
- 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