1. U.S Markets closed higher on Friday.
2. Asian markets are higher right now.
3. Right now , Dow futures are lower.
4. U.S VIX is now below 14.
5. U.S Markets are in a crazy bull market of their own.
6. They are hitting fresh highs almost on daily basis
7. Indian Markets are going through some challenging times.
8. We are witnessing a temporary Slowdown that is effecting the economy.
9. GDP number at 5.4% is poor but it's mostly factored in.
10. Markets are forward looking creatures and the growth outlook remains intact for future.
11. Adani issue has also been settled down now without much of a panic.
12. I expect the Thursday low of 23850 on Nifty to be the bottom for December series.
13. I do not expect this level to be broken very easily.
14. Upwards we could test 24350 and if that is crossed we would head towards 24500.
15. It's a buy on Dip market with slow upwards momentum.
16. Not like before where you would get all time highs just in a few weeks
17. Nifty saw huge outperformance in the first trading session of December so I expect the outperformance to continue for Nifty.
18. Nifty has been underperforming since October.
19. Bank Nifty is down just 1-2% from ATH.
20. More opportunities emerge in Nifty as compared to Bank Nifty currently.
21. Nifty might trade between 24000 to 24350 today.
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