- Yesterday night , Dow Jones closed 650 Points higher.
- SGX Nifty was around 12170 at that time.
- Currently Dow Futures are flat.
- SGX Nifty around 12080.
- U.S Elections have become a big drama Currently.
- Results have not come and still counting in underway.
- Yesterday Trump Announced that he would go Supreme Court to stop counting the cotes and he should be addressed as a winner.
- As soon as this news came markets fell.
- Trump was also leading Biden at one point.
- But this fall was immediately bought into and Nifty almost closed at the highest point of the day.
- SBI posted good results Yesterday.
- Finally it seems the worst is over for them.
- Today also our Markets will be rules by U.S Election Verdict and European Markets which open around 1 pm.
- There will be high Volatility today as we are opening above 12k.
- If we sustain 12k and there's no incremental Negative news then we should close at the highs of the day.
- If we start inching below 12k with global markets pressure then we could witness quite a heavy sell off.
- Chances of a Consolidation today are quite low.
- So option sellers should not go too big.
- Reduce Position size and exit in small gains.
- Do not wait till 3.30 pm and wish your options should end at ZERO each & everytime.
- Nifty might Trade between 11850-12160 today.
- Wide range due to Global Uncertainty.
- 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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