What happened overnight?
DJIA - 0.11% 🔻
NASDAQ - 3.25% 🟢
EUROPEAN MARKET - 🟢
ASIAN MARKET - 🟢 + 🔻
SGX - 0.39% 🟢
CRUDE - 0.57% 🟢
US10Y - 🔻
DXY - 🟢
INDIA VIX - 🔻
Good morning, friends. I hope you're doing well. INTRADAY volatility continued yesterday with flat closing, which is story of past few days. Global market (especially European & NASDAQ) is doing well. It's matter of time our market will also start performing. Let the dust settlle, too much noise as of now. With Adani Group stocks and in ASM now, would make it little tough for short sellers (as it limits the short selling without 100% margin as #AMBUJACEM & #ADANIPORTS have entered F&O Ban), so it limit the Index volatility to some extent. It's time now that one should start looking at other opportunities rather spending too much time in Adani Group stocks.
Important levels:
S : 17600/17540/17480
R : 17650/17700/17770
S : 40500/40250/40000
R : 40800/41000/41300
Sectors I am interested in for Today:
✓IT
✓FMCG
✓REALTY
Stocks in watchlist:
PERSISTENT
DABUR
TITAN
NOTE: Whatever happens, continue with your SIP. These things have happened in past, happening now & they would happen in future as well.
Wishing you a profitable day ahead.