- US markets closed 0.6% negative Yesterday.
- Asian Marlets are mindly lower.
- U.S futures right now are slightly positive.
- SGX Nifty is Trading near 13530 now.
- Yesterday I mentioned 13400 to 13600 range for Nifty.
- This range worked out well & can continue to go on.
- Markets are Rallying too fast too quick are Consolidating.
- Consolidation is infact good for the Bulls.
- I won't like to go long here and won't like to add fresh money.
- Dips would come and that would be opportunity to add.
- Bank Nifty also Trading in a narrow range.
- Next big event for the markets is the Budget.
- After December Month focus would shift on the budget.
- FII's continue to buy.
- In U.S interest rates are Zero.
- Therefore FII's look to invest in Markets and emerging Markets.
- To at least generate some return.
- Today's view is clear buy on dips closer to 13400.
- Bank Nifty near 30500.
- Nifty might Trade between 13420-13580 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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