- U.S Markets closed more than a percent higher Yesterday.
- Right now U.S Futures are slightly higher.
- SGX Nifty inching towards 15900.
- This has been a dramatic recovery in Global Markets.
- Yesterday during our Market hours Dow futures was down more than 1%.
- By Afternoon they have turn positive and since then the rally has continued.
- Yesterday Bank Nifty outperformed Nifty and was up 700 Points from day low.
- After a Big gap down it was a one way Trending day on the upside.
- This upside should continue.
- Today is Tuesday & two days are left before expiry.
- Today we can expect Rangebound markets.
- So Market night throw some surprises Intraday.
- Reliance AGM is scheduled on 24th June and Expectations are quite large.
- Reliance is likely to lead this rally & Outperform on these Expectations.
- FII's & DII's turned net buyers Yesterday.
- Infosys and Reliance are the two which will lead Markets on the upside.
- 16000 is a stiff resistance whereas support has been shifted to 15600 for this expiry
- Nifty might Trade between 15720 to 15940 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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