Big Picture:
- US markets bullish last night
- Asian markets weak today
- No major macro news or trigger
- All eyes on the upcoming earning season
Positional
- The bullish sentiment continues
- 24500 will the wall this market will have to climb
Intraday
- Today is Nifty’s weekly options expiry (i.e. volatility)
- Overall sentiment is positive but…
- …the put call ratio is through the roof (1.49)
- So we can expect one wave of cool down during the day
Track realtime market vitals at: Market Pulse — Real-Time Market Analysis Dashboard | VRD Nation
