- U.S Markets closed more than a percent higher Yesterday.
- Asian Market's are mostly higher.
- SGX Nifty is trading above 15300.
- Yesterday we had a Consolidation day after a big rally on Friday.
- Bank Nifty is outperforming Nifty.
- SBI in Particular has been outperforming after declaring excellent results.
- SBI results have boost the sentiment in Banking Stocks.
- I mentioned yesterday, we might hit fresh all time highs this week itself.
- There are huge short Positions still in the Market and these people will have to square off their shorts by the end of expiry.
- This will propell the Markets even higher.
- Bank Nifty has the highest shorting in the system.
- That's one of the reason of outperformance in Bank Nifty.
- FII's were net buyers Yesterday while DII's were sellers.
- Perhaps due to DII's selling market corrected slightly in last 30 mins Yesterday.
- U.S markets were in Consolidation due to inflation fears and Bitcoin crash.
- Yesterday Bitcoin was up 10% and Inflation fears also have been timid.
- This has again resumed the Uptrend in Global Markets.
- Do not try to "SHORT" this Market now.
- Just wait for dips and try to add onto longs.
- Yesterday as well Nifty gave an opportunity near Support of 15150 to enter.
- Today as well there will be an Intraday dip.
- Use this dip on your favour.
- I've sold 15000 PE , 15100 PE , 15050 PE , 14950 PE this week expiry.
- Have sold Bank Nifty 33000 PE , 34000 PE for next week as this week premiums are already low for Bank Nifty.
- Nifty might Trade between 15220-15380 today.
- Today if Nifty opens above 15300 then we will be just a percent away from all time highs.
- 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