- U.S Markets closed lower yesterday.
- Asian markets are mostly lower.
- Dow futures are slightly higher right now.
- SGX Nifty is trading flat.
- Yesterday was a flat session
- Nifty was trading close to 18600 for most of the day.
- It was almost a consolidation throughout the day.
- Throughout the day nifty was trading in just 50 point range.
- Nifty has now found multiple supports near 18600
- 18600 should be a good support for now.
- There are many events and also RBI policy in store.
- So due to Volatility markets might hunt stoploss.
- Traders need to keep in mind the Volatility and Gamma effect.
- It's advised to go in with low volumes at first.
- Not to go with heavy volumes at first.
- 18600 to 18900 is the range for now.
- Markets might consolidate within this range
- Bigger trade would emerge only if either of these levels gets taken out.
- Nifty might trade between 18550 to 18800 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...
Comments