- U.S Markets closed higher on Friday.
- Friday first half U.S Markets were volatile.
- In 2nd half Markets rocketed higher.
- Right now , Dow futures are lower.
- SGX Nifty is close to 18300.
- We are opening with a good gap up today.
- Asian markets are mixed.
- SBI has announced its results over the weekend.
- Results seem good but the stock has already scaled higher.
- Stock has already touched its 52 week high
- On the results day , movement of the stock depends on the demand & supply.
- It doesn't depend on how the results are.
- Next big event is the Inflation numbers of U.S.
- Until then Markets are trading based on momentum.
- Tomorrow is a stock market holiday.
- So traders won't like to carry positions today.
- Markets have turned extremely bullish from October.
- November has also started with a bang.
- I'm trailing stop-loss in long positions of futures.
- And shifting put sell options.
- Nifty might trade between 18150-18400 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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