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Nasdaq hits record high !! (23rd Feb 2024)


1. U.S Markets closed higher yesterday.
2. Gift Nifty is indicating a gap up opening of around 40-50 Points.
3. Right now , U.S futures are mixed.
4. Nasdaq closed at fresh record high yesterday. 
5. S&P 500 hit a fresh all time high.
6. Asian markets are higher.
7. Yesterday was the most volatile of expiry.
8. Markets crashed during the first half & recovered during the 2nd.
9. The short covering & recovery was so big that we almost closed at all time high.
10. Banks were the underperformers yesterday. 
11. Bank Nifty was negative throughout the day.
12. These markets are as volatile as it can be.
13. Bank Nifty making a 600 point move on daily basis.
14. Nifty making big moves on daily basis.
15. This is a proper sideways which is trapping trending traders.
16. Once stuck at the wrong end of the trading range , you are gone.
17. Need to enter & exit trades immensely quick.
18. Expecting Nifty and Bank Nifty to have positive bias and momentum to slow down from now.
19. Nifty might trade between 22100 to 22400 today.

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