- As soon as News emerged that Donald Trump has Tested Positive for Corona.
- Markets all over the World fell by 1-2% except China Market. (UNDERSTAND CHRONOLOGY HERE)
- He has released a Video on his Twitter timeline stating next 48 hours are very critical for him and he is in a good condition now.
- So Asian markets are higher.
- SGX Nifty was below 11300 on Friday when Trump news has highlighted.
- But now SGX Nifty trading around 11400.
- Heavy news flow lined up for this week.
- U.S Stimulus.
- Trump Health.
- Interest on Interest case in Supreme Court.
- U.S Elections etc.
- Expecting Markets to remain highly Volatile in the midst of all this.
- FIIs have turned net buyers after selling for more than 20k crore in last 2 weeks which is a positive.
- As trump tested positive , today's FII data will be interested to notice , whether they remain buyers or turn sellers.
- Reliance retail is attracting more investments.
- Reliance has bagged another cheque from GIC (Govt Investment Corporation of Singapore) is investing about ₹ 5500 crores.
- Upside 11550-11600 is a big Resistance level.
- Whereas downside 11200 is a support.
- Expecting Markets to be Volatile within this range.
- If any of these levels broken Significantly then we can see big Moves in that direction.
- Nifty might Trade between 11320-11480.
- 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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