1. U.S Markets closed higher Yesterday.
2. Right now Dow futures are higher.
3. Asian markets are mostly higher.
4. U.S VIX is now closer to 20.
5. U.S VIX crashed 3% Yesterday.
6. Gift Nifty is indicating a gap up of 150 points.
7. U.S Markets hit fresh all time high yesterday.
8. It was a volatile trading day yesterday.
9. There was consolidation but it was with immense Volatility
10. RBI as expected didn't tweak rates.
11. They have given a good guidance for the coming year.
12. RBI has also indicated of a possible rate cut in December.
13. RBI wouldn't like to hurry for a rate cut.
14. They would prefer to take it slow considering the data points.
15. I expect markets to consolidate for some more time.
16. Markets are forming a base before it eventually moves higher
17. It won't be a one way rally.
18. It would be a steady , volatile move upwards.
19. Avoid Intraday expiry trades as Markets are trapping Intraday traders in October series upto now.
20. Nifty might trade between 24900 to 25200 today.
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