- U.S Markets closed lower Yesterday.
- Dow futures are slightly lower now
- Asian Markets are mixed.
- SGX Nifty is Trading near 15780.
- Corporate results have started to kick in for Indian Corporates.
- Titan has come up with fantastic results yesterday.
- In spite of 2nd wave issues results were exemplary.
- Yesterday the star of the show was HDFC bank.
- Everybody is aware of HDFC Bank holding the highest weightage in Bank Nifty.
- HDFC Bank at one point of time alone contributed 350 point gain Yesterday.
- As I've been mentioning to sell Nifty near 15900 and buy near 15700.
- The same continued yesterday.
- Nifty failed to cross it's important resistance of 15900.
- 2nd half witnessed a heavy sell off by the FII's.
- Tata Motors was down 10% yesterday.
- Stock hit lower circuit yesterday as company expressed concerns over Chip shortage.
- Wednesdays are the day before expiry and generally it's expected to be Volatile.
- On a close to close basis we might close mostly flat.
- Intraday Volatility will Continue.
- Nifty might Trade between 15700 to 15900 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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