- US markets closed mixed Yesterday.
- But due to 2nd wave of Corona Virus spreading faster than expected.
- Markets are under pressure.
- Global Markets seem to have started into the phase of Correction.
- Asia is stronger compared to Global Markets as 2nd wave hasn't been hit.
- Until when will this last , only time will say.
- Markets are still trading in this tight range of 300 Points.
- 2 days left for monthly expiry.
- Will we get a breakout or breakdown?
- Or we will just Consolidate.
- Chances of Consolidation are quite high.
- Now a sector which could rise in the generic medicine sector.
- All the Companies who do Testing , provide energy drinks etc might be the next theme to catch.
- Pharma ,IT have already performed well and chasing these stocks wouldn't lead to anything great.
- One has to identify new themes to make big money.
- FII's have been buying whereas DII's have been selling.
- October series is nearing its end.
- Next 2 days will be crutial for the Markets.
- Markets could be highly Volatile in next 2 days.
- India VIX continues to rise.
- Nifty might Trade between 11780-12000.
- 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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