- U.S Markets closed Slightly higher Yesterday.
- Asian Markets were on fire Yesterday.
- Particularly , Hang Seng and Chinese Markets.
- After Afghanistan issue , Asian Markets witnessed heavy profit booking.
- Now , all of the losses have been refovered.
- SGX Nifty is near 16650 now.
- Coming to our Markets , India VIX again crashed Yesterday.
- Right now , the option premiums are too low.
- Bank Nifty witnessed heavy buying Yesterday.
- FII's were net buyers.
- When FII's buy , they buy HDFC twins.
- Both HDFC Bank and HDFC Ltd witnessed significant buying Yesterday.
- HDFC Ltd closed lower but recovered from low point of the day.
- HDFC Bank , after Credit card Announcement has been performing very well.
- Today is Wednesday and remember Wednesdays are highly Volatile.
- Option writers take positions and trades get taken considering expiry.
- This Makes Wednesdays Volatile.
- I expect first half to be quiet but 2nd half to be Volatile today.
- Have to see what's in store today.
- Expecting 16700 to act as a stiff resistance for this Expiry.
- Support has now been shfited to 16500.
- Bajaj Finance is the star of the show in this Market.
- When there is doubt about Efficiency of companies.
- Quality companies witness buying.
- NBFC space is prone to lots of risk due to past history of scams etc.
- Nifty might Trade between 16480 to 16680 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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