ALTHOUGH US MARKETS CLOSED WITH MINOR LOSSES YESTERDAY BUT INTRADAY CHARTS ARE SHOWING BUYING THEREFORE IT IS EXPECTED THAT US MARKETS MAY CLOSE POSITIVE TODAY AND ALSO SHOW SHARP RALLY IN SITUATION OF POSITIVE OUTCOME FROM FED MEET TODAY. IF IT HAPPENS TODAY THEN TODAY IT WILL BECOME TRIGGER FOR VERY SHORT TERM RALLY IN GLOBAL MARKETS TOMORROW"
DOW JONES WAS MORE THAN 50 POINTS PLUS AT THE TIME OF FOMC RESULTS ANNOUNCEMENT AND TRIMMED GAINS AFTER ANNOUNCEMENT BUT ABOVE ALL CHARTS SPEAKS FINALLY. AS CHARTS WERE GIVING POSITIVE SIGNALS THEREFORE AFTER UNFAVOURABLE ANNOUNCEMENT FROM FOMC NASDAQ AND S&P500 CLOSED POSITIVE AND ASIAN MARKETS ARE IN GREEN TODAY.
"INDIAN MARKETS WILL CLOSE IN GREEN AFTER GAP UP OPENING TODAY AND WILL ZOOM UP AFTER CROSSING 4350"
(LALIT KUMAR DHINGRA)
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