1. U.S Markets closed higher yesterday.
2. Asian markets are higher.
3. U.S VIX is now below 19.
4. Gift Nifty is indicating a gap down of 10 points.
5. Yesterday was again a consolidation day for the markets.
6. We just consolidated within 100 point range.
7. 24300 to 24600 is the range now for Nifty.
8. Trending move would come only if one of the level gets taken out.
9. Most of the companies have reported poor results , hence markets are under pressure.
10. I think this is mainly due to Elections , the spending will be less.
11. This curbs the demand.
12. Demand should be back to normal in the coming time.
13. This would be a tough year for the markets.
14. There won't be quick money on the table.
15. Markets would consolidate test your patience and reward you gradually.
16. Have a diversified portfolio and not concentrated
17. The good thing about Yesterday is Bank Nifty rally and India VIX crash.
18. India VIX finally crashed 5% Yesterday.
19. This indicates the fear and downside is not much from here.
20. Nifty might trade between 24300 to 24600 today.
Comments