- U.S Markets closed mixed Yesterday.
- Dow Futures were Positive yesterday when indian Markets were opened.
- But on the close to close basis it closed where it was when our Markets opened.
- Yesterday markets closed at the high due to short covering in Pvt Sector Banks.
- FM announced tat PSU companies can keep accounts with Pvt Sector Banks.
- Earlier PSU Companies were asked to keep accounts only with PSU Banks.
- This led to short covering rally in Pvt Sector Banks.
- Pvt sector banks and NBFC Companies led the rally Yesterday.
- Yesterday due to Technical Glitch many People lost huge.
- Also there was all kinds of confusion & problems regarding trading Position / square off etc.
- There was no proper communication from NSE.
- Along with Indian markets, entire world markets recovered.
- US makets closed higher.
- Asian markets are higher.
- SGX Nifty is trading around 15045.
- SGX indicating opening above 15k today.
- This last week of Feb has been highly Volatile.
- Markets are all over the place.
- Today too Volatility is likely to continue.
- Expecting to be a Bullish day today with short covering in 2nd half.
- Downside is limited to 14900.
- Expecting expiry between 15140 & 14900.
- Nifty might Trade between 14900 -15140 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...
Comments