- U.S Markets closed higher Yesterday.
- Right now U.S Futures are trading higher.
- SGX Nifty is trading near 15820.
- Asian Markets are mostly Positive.
- Yesterday we opened higher and were consolidating in the first half.
- Second half witnessed good profit booking due to Bank Nifty & Reliance.
- Bank Nifty was unable to cross 35k yesterday.
- Exactly where the highest open interest was built into.
- Yesterday was one of the least Volatile monthly expiry after many Months.
- June Series was good for the Bulls with Nifty closing 400-500 points higher than preiuous month.
- Bank Nifty underperforming heavily.
- Reliance and IT Stocks have led the rally.
- Going ahead we can expect Bull Market to continue.
- Every dip is a buying opportunity.
- If Nifty has to cross 16k then Bank Nifty has to start performing.
- Bank Nifty support Is required now for Nifty to reach fresh highs.
- I would look to sell Nifty near 15900 today and buy near 15760-15720 with 30-40 points Stoploss either side.
- Nifty might Trade between 15720-15920 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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