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Results season kicks off !! (10th July 2024)



1. U.S Markets closed mixed yesterday. 
2. Dow Jones closed lower whereas S&P 500 and Nasdaq closed higher.
3. U.S Futures are mixed right now.
4. Gift Nifty is flat.
5. Asian Markets are higher.
6. All the World Markets are in a consolidation trend now.
7. Our Markets are on a non stop rally & nobody knows when this will end.
8. Now markets are more of in a Euphoria state.
9. Post elections , markets have delivered amazing returns.
10. Before a big event like Budget,  it's better we cool down a bit.
11. Having heavy expectations from the Budget might lead to disappointment 
12. Then there might be some violent reaction in the Markets.
13. It's always better we brace ourselves for uncertainty 
14. Ever since the Budget dates have been announced,  India VIX is up 10%.
15. Expect it to more higher close to 18 levels before the Budget.
16. We are at an overbought zone so caution is advised. 
17. Do not chase the Market , buy the dips to go long.
18. Markets will provide you with opportunities if one is patient enough.
19. Today is Bank Nifty expiry , range for Bank Nifty for today would be 52k -53k.
20. I'm receiving many DM's on whatsapp regarding the new F&O recommendations.
21. I would say that those are just recommendations & have not been finalized yet.
22. These sort of rumours will keep floating.
23. Nifty might trade between 24250 to 24600 today.

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