- U.S Markets closed flat Yesterday.
- Right now Dow Futures are mixed.
- Asian markets are mixed.
- SGX nifty is up 70-80 points.
- Yesterday the U.S Markets recovered from lows .
- There was a speculation regarding FED interest rates.
- Some FED people were indicating of a 75 basis points rate hike.
- But FED minutes indicated only a 50 basis point hike.
- This led to a relief rally in the Market.
- Almost on daily basis we are opening with a gap up.
- During the day there's huge FII selling market breaks the previous day low.
- Today is monthly expiry and Volatility is going to be extreme.
- Yesterday Nifty might have closed slightly lower but there was huge pain in mid and small caps.
- Mid caps closed lower by more than 2% yesterday.
- Advance Decline ratio was 1:6.
- For every 1 stock advancing 6 stocks were declining.
- When there is no support from broader market the rallies won't sustain.
- This Market fall is a repeat of 2018.
- Where index won't fall much but mid and small caps keep crashing
- It's like a slow poison injected into the Market.
- Nifty might Trade between 15900 to 16200 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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