- U.S Markets were about 200 Points higher Yesterday in our Markets trading hours.
- By Evening this strength fizzled out and U.S Markets closed almost flat.
- Right now , Dow Futures are higher.
- SGX Nifty is Trading at 17670.
- Most Important thing , U.S VIX was down 3% Yesterday.
- Yesterday we opened more than 100 Points lower and recovered during the day.
- Last hour witnessed profit booking in our Markets.
- Yesterday I had given a Expiry range of 17600 to 17900 this played out very well for Yesterday.
- Today as well this range holds out till 2 pm.
- After 2 pm sometimes the expiry issues kicks in and markets move drastically.
- If the Global Markets are silent then the above range should play out for the day.
- September was a fairly Volatile month.
- Nifty shot up 1100 Points in 3 weeks then fell 500 Points and recovered.
- Only for falling another 400 Points in the last week.
- Yesterday top 6 stocks were from PSU Bank's.
- I don't remember when was the last time this happened.
- All private banks witnessed profit booking yesterday.
- I'm Bullish for October Month as I expect good results due to opening up of Economy.
- Today might be an inside day with not much Volatility.
- Nifty might Trade between 17600 to 17900 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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