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Banks Post Great Results!! (22nd July 2024)


1. U.S Markets closed lower on Friday.
2. All the indices closed lower.
3. It was like a mini crash.
4. Right now U.S Futures are mixed.
5. Asian Markets are mixed.
6. Gift Nifty is down 150 Points.
7. We may open close to 24400 today.
8. Kotak & HDFC Bank have delivered great numbers over the weekend. 
9. Bank Nifty is expected to outperform Nifty.
10. Another major news is Joe Biden quits.
11. He opts out of Presidential race.
12. This could be a clean sweep for Donald Trump this time around 
13. Tomorrow there would be a full budget which would be delivered 
14. Markets are awaiting the same and that will decide the next course of action
15. Friday was a brutal correction day specially in mid & Small cap stocks.
16. Some form of caution before the Budget is always good while entering into a Big event
17. 24400 and 24150 are good support levels for Nifty.
18. 52k is a good support on Bank Nifty to enter.
19. Nifty might trade between 24300 to 24600 today.


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