- US Markets rallied on Monday with Dow completing its strongest session in over three months
- Asian markets trading higher, Japan leading Nikeei 225 jumped 2.33% in the morning session
- SGX Nifty indicating a positive start with 50 points
- FIIs net sold shares worth Rs 1,244.71 crore while DIIs net purchased shares worth Rs 138.09 crore
- Buying dips and plunges working, chasing momentum failing
- Indian market was best performing Asian market yesterday
- Nifty may push for another life high but question is risk-reward
- Bank Nifty will test 20 DMA of 35,100, may see some resistance
- FII selling at higher levels indicates some risk in chasing gap up
- Strong Put writing at 15,600 indicates a strong base now
- Key to track today would be the midcap Index and Adv/dec