- US markets closed about 2% higher Yesterday.
- Asian markets are also Trading higher.
- SGX Nifty is almost flat.
- Markets have witnessed a fantastic rally in past few sessions.
- Now we are very close to all time highs.
- Nifty is just 2% away from all time highs whereas Bank Nifty around 20-22%.
- No matter whatever happening in U.S our Markets are rallying.
- It seems like we have decided not to go lower.
- Once there is a clarity and a possible announcement of Stimulus, we have every chance of hitting all time high in this series.
- Yesterday India VIX crashed about 9%.
- But US VIX crashed One thirds in last 2 trading sessions.
- India VIX below 30 is a good sign for option sellers.
- FIIs have started buying whereas DII's continue to sell.
- Biden has a big advantage over Trump now.
- Trump has approached the Court but it doesn't seem to be working yet.
- This is a buy on dip Market now.
- We have closed decisively above 12k.
- Every dip needs to be bought into.
- Nifty might Trade between 12040-12220.
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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