- U.S Markets closed lower Yesterday.
- Asian Markets crashed Yesterday.
- Nikkei was down 4% Yesterday.
- SGX Nifty right now is at 17600.
- OPEC Pointed out Yesterday for not increasing their Crude Oil Production.
- This led to shooting up of Crude Oil Prices.
- Crude Oil has crossed 81$ / Barrel.
- Facebook , Instagram and WhatsApp were down 6 hours Yesterday.
- Also there have been reports of Stealing users data by hackers.
- This led to panic selling in IT stocks Yesterday in U.S.
- Nasdaq was down more than 3% at one Point.
- Yesterday was an Unexpected rally in our Markets even when Global Cues were Negative.
- 17450 is a strong support and 17750 is a strong area of resistance.
- Expecting markets to move violently within this range.
- Expecting a Breakout out of this range in the second week of October.
- Right now we are stuck between Weak Global Cues and Positive local cues.
- These sort of dips should be bought into at every declines.
- We are in a strong uptrend now.
- When Global Markets start to rally then we would be participating with full steam on the upside.
- Nifty might Trade between 17520 to 17720 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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