- US markets closed yet at record highs.
- Asian Markets are flat.
- Although U.S jobs data wasn't upto the Mark , Markets are keeping their Momentum alive.
- The trend is:
- Market opens with a gap up , some profit booking comes and it gets bought into and Ultimately Market closes higher.
- This is the Scenario from past few Months.
- Good Corporate results , Vaccination and Passing of Stimulus are key Positives.
- NIFTY has rallied from 13600 to 15150 in 6 trading sessions.
- Bank Nifty from 30000 to 36000 in the same period.
- Auto Stocks also started performing Yesterday.
- Maybe due to Opening of Tesla Electric Plant in India , these Petroleum and Diesel Automobile companies are under pressure.
- 15500 Straddle has the highest open interest in Monthly Options.
- Expecting Markets to Consolidate near 15500 which is also 400 Points away from current level.
- So we have an upside potential of another 400 Points on NIFTY from here.
- Bank Nifty 37500 Straddle has highest open interest.
- So this level seems to be a mean for Feb month.
- Nothing more to preamt.
- We are witnessing one of the Greatest Bull Market of all time.
- Just follow the trend.
- Buy dips , do not do anything fancy.
- Stay in the game and let Market reward you.
- Nifty might Trade between 15080-15320.
- 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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