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Consolidation!! (14th Oct 24)



1. U.S Markets closed higher on Friday.
2. Right now Dow futures are flat.
3. Asian markets are mostly higher.
4. U.S VIX is now closer to 20.
5. U.S VIX crashed 3% on Friday.
6. Gift Nifty is indicating a flat opening.
7. No matter how much U.S Markets rally,  Gift Nifty always indicates a flat opening.
8. U.S Markets hit yet another fresh all time high on Friday.
9. Largecaps are performing exceedingly well in the U.S
10. Our main trigger currently is the Quarterly results.
11. TCS & Avenue Supermarts have posted subpar results.
12. It was almost a flat set.
13. On the other hand mid & Small caps have been delivering pretty good numbers.
14. Looks like largecaps would continue to consolidate. 
15. Mid & Small caps would continue to see interest.
16. We are in a ranging market now.
17. The range is now 24800 to 25200.
18. Market needs a trigger before giving a major move.
19. Nifty might trade between 24900 to 25100 today.


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