- U.S Markets were closed Yesterday.
- Due to Martin Luther King Day.
- Yesterday for whole of the day U.S Futures were flat.
- Right now they are flat and Asian markets are slightly higher.
- SGX nifty is up by 10-20 Points.
- Yesterday we briefly broke out of 18300.
- Momentum was slow as global Markets were muted.
- Momentum is likely to pick up in coming time once we sustain above 18300.
- HDFC Bank closed a percent lower Yesterday.
- Everybody expected HDFC Bank to go higher Yesterday.
- Movement of a Stock after its results is very difficult to predict.
- Specially the day after results.
- Expecting both the HDFC Twins to stabilize from today.
- 18300 short straddle added large open interest yesterday.
- Option sellers are playing for a range of 18000 to 18600.
- We have 7 trading sessions left for expiry including today.
- So theta decay will be fast going ahead.
- DII's and FII's were net sellers yesterday yet we closed at the highest point of the day.
- This continues to be a buy on dip market.
- Nifty might Trade between 18200 to 18400 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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