- US markets closed higher.
- Dow Future's down 100 Points now.
- At highest point, Dow was up 1500 points at one point.
- SGX Nifty touched 12780.
- But now they have cooled off.
- This is a post Elections rally.
- Joe Biden winning favours U.S market due to which we witness such sharp rallies.
- Expecting some Consolidation now in the Markets.
- SGX Nifty is up 200 Points now.
- How long will this rally sustain?
- Can we touch to higher highs?
- Time will say.
- But i expect a Consolidation now for few weeks.
- Nifty is up 1000 Points in 6-7 trading sessions.
- This is a stellar rally.
- Trend is still up.
- But im not a buyer now.
- I won't chase these gap ups.
- Market is opening with Big gap ups now a days and consolidating for the rest of the day.
- This is happening from almost 2 Months now.
- Intraday traders are not getting another serious.
- Those who have the guts to carry overnight trades are making money if they are on the right side of the game.
- Call writers are getting trapped with such stellar unexpected rally.
- FII's continue to buy in big nukbers.
- Nifty might Trade between 12620-12800 today.
- 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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