- U.S Markets closed higher Yesterday.
- Dow Jones for the first time closed in green after 5 Consecutive negative days.
- Right now Dow Futures are higher.
- SGX Nifty is near 17410.
- Yesterday as soon as Markets opened there was a big dip in the Market.
- Nifty touched 17250-17270 yesterday and from there recovered towards the end of the day.
- India VIX was up 5% as soon as we opened.
- Towards Closing , India VIX closed lower.
- 17400 CE has a huge open interest this weekly expiry.
- Today we are expected to open gap up.
- As per the Indication of SGX Nifty.
- If this gap up gets sustained , then we might witness a large short covering rally for this week.
- 17250 is a strong support on the lower side.
- Yesterday Markets were weak because of Reliance.
- Reliance fell 2% Yesterday due to postponement in Jio Mobile launch.
- Banks also witnessed large amounts of profit booking Yesterday.
- IT led the recovery Yesterday with Infosys touching 1700.
- Rangebound view continues until we break out of 17450 decisively.
- Nifty might Trade between 17300 to 17480 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...
Comments