1. U.S Markets were shut Yesterday.
2. Asian Markets closed mixed.
3. Gift Nifty indicates a flat opening.
4. Yesterday was the day of Bank Nifty.
5. There was clear outperformance of Bank Nifty compared to Nifty
6. Bank Nifty touched 52k at one point of time.
7. It was a one way rally in Bank Nifty.
8. HDFC Bank the sleeping elephant has finally woke up.
9. It has woke up with some venom.
10. Hdfc bank is up 12% is just a week.
11. The underperformer over last 3 years has finally joined the party.
12. Today is weekly expiry of Nifty.
13. Expect Nifty to trade within an inside candle.
14. The range of 23400 to 23700.
15. Yesterday was the day of Bank Nifty , today could be Nifty.
16. Yesterday there was heavy Volatility.
17. India VIX spiked up 5% yesterday.
18. Expecting Volatility to cool down a bit.
19. Markets are expected to trade flat.
20. Nifty might trade between 23400 to 23700 today.
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