- US markets were closed Yesterday.
- But U.S Markets are Trading lower now.
- Asian markets are mixed.
- SGX Nifty is up by 30 Points.
- Yesterday Market was highly Volatile.
- From 12800 the Market show up to 13k in 2nd half.
- November was an Excellent bull run.
- Expecting December to be sideways / Consolidating at least for the first week.
- December is a long month with 5 weekly expiry.
- Yesterday FII's started buying again.
- They've bought for 2000+ crores.
- Today Evening GDP data is an important Data which would be out.
- This is an Important Data to note.
- This FII buying & Bullishness cannot go on forever.
- Time to be a bit cautious now.
- Nifty might Trade between 12920-13100 today.
- stockmarketadvisory.in
- Question of the day by MRS. Shweta
- What is a Trading Plan & how to prepare one?
- A Trading plan should consist of all the Important factors , notes and key levels to note.
- Important news like which company is coming up results , any major event lined up etc which needs to be watched should be noted in the Trading Plan.
- Analysis should be done before Market and in the Market you just need Execution.
- When Market opens and by watching Price action our Gut feeling takes over which is Disastrous for Trading . If u have a fixed entry point before Market opens you just have to wait for Market coming in your zone rather than just chasing the same.
- Also after the Market hours it's Important to review the same. Did my Analysis go wrong , what are the mistakes made today , what did I learn from today's Market etc.
- I've been doing this from around 8 years and still I do the same everyday.
- Where learning Stops , life ends.
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