- US markets took a plunge due to lockdown and election jitters, but soon recovered.
- We may not see stimulus before elections as it may appear.
- NIfty also took a good 200 point dive before recovering 50 odd points.
- This was mainly due to Auto and Metal stocks.
- Volatility is here.
- FII and DII both were sellers yesterday.
- If previous day low doesn’t break a move up is likely towards 12200.
- Reliance , HDFC bank, ICICI bank saw huge selling. These should move up foe nifty to cross 12k easily.
- This may or may not happen in novemeber as US elections are there.
- The only thing certain for now is volatilty.
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