1. U.S Markets closed lower yesterday.
2. All the indices closed lower.
3. Right now , Dow Futures are higher.
4. Asian Markets are all higher.
5. Yesterday , U. S markers were trading firmly in green in 1st half
6. There was a sudden selling in the 2nd half.
7 . U.S Markets closed at the lowest point of the day yesterday.
8. Yesterday was a very good day for our Markets
9. There was an all round participation from all the sectors.
10. It was a broad based rally.
11. These type of rallies show the strength of the markets.
12. Today there are 2 important levels on Nifty.
13. First is 24200 which is an important support for the day.
14. Second is 24400 which is the resistance.
15. Markets have not been able to cross the above level.
16. I sense that it's a matter of time before we cross 24400.
17. Lower end support is 23900.
18. Nifty is trading with huge Volatility in this range.
19. One can consider momentum in the markets when Nifty crosses 24400.
20. Nifty might trade between 24150 to 24500 today.
Comments