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CURTAIN RAISER for 9th JUNE NIFTY S&P 500 wiped out all the losses of 2020. Nasdaq is at all time high.US market closed higher Asian markets are mixed. SGX Nifty is up by about 50 points. Yesterday morning I said, markets are opening gap up but Nifty future likely to break 10200, at least once. But it broke 10200 and traded below that level and closed "Doji" pattern. That shows indecisiveness. We are struggling between positive Global and negative Local cues. We are struggling between FIIs who are buying and DIIs who are booking profits. OI at level of 10500 and 9500 is still very high Hence markets are highly volatile. Yesterday Nifty future fell more than 200 points from intraday high to intraday low. Bank Nifty was going all over the places. Bank Nifty future fell 900 points from intraday high to intraday low and recovered about 300 points. We are under performing world markets and that may
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