- U.S Markets were higher Yesterday.
- Asian Markets and Dow Futures are higher now.
- SGX Nifty is Trading near 17650.
- Yesterday the Markets were volatile due to Fed tapering statement to be released later during the day.
- FII's sold Yesterday.
- HDFC Bank and ICICI Bank were the top losers of Yesterday.
- Yesterday Fed announced "If Economy remains strong then they would start tapering".
- In U.S there is a saying "Never fight the Fed".
- Fed for the majority of the times has positive outlook towards stock markets.
- Yesterday also the similar thing has happened.
- Probably the FII's might have sold Yesterday due to this Uncertainty regarding FED.
- They might start buying spree from today.
- Yesterday U.S futures were higher when we were trading and it was giving an indication of the momentum to continue.
- Evergrande news is over now and markets won't react twice for the same news.
- There was a deep fear of 2008 recession being repeated due to Evergrande collapse.
- This Fear has been subsided now.
- 17600 , 17650 & 17700 all the calls have been written aggressively today.
- Expect Markets to consolidate after a strong gap up today.
- Nifty might Trade between 17520 to 17700 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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