It's been a difficult few days for Indian markets.
But tomorrow, Friday 17th Nov, promises to be very very good.
It's still a bull market. And now we have a confirmation of short term bottom.
10450 should be given as it is. Not necessarily tomorrow but at least in next 3-4 sessions.
Given how things are panning out in the US markets, I wouldn't be surprised if the Indian equities open with a gap up if status quo remains. Hope the house passes tax bill. Doesn't matter if it's meaningless without senate support.
There are plenty shorts in the play and they will have to burn.
But tomorrow, Friday 17th Nov, promises to be very very good.
It's still a bull market. And now we have a confirmation of short term bottom.
10450 should be given as it is. Not necessarily tomorrow but at least in next 3-4 sessions.
Given how things are panning out in the US markets, I wouldn't be surprised if the Indian equities open with a gap up if status quo remains. Hope the house passes tax bill. Doesn't matter if it's meaningless without senate support.
There are plenty shorts in the play and they will have to burn.