Market on Jan 15, 2025

Daily Journal: We had a detailed discussion yesterday morning. I tried to clarify the main doubts in your mind. US markets had a mixed session yesterday. Dow closed in green. But Nasdaq in red. Futures are trading in green. US 10Y Bond Yield is at 4.7%. Brent Oil is at 79$. Dollar Index is at 109. Asian markets are mixed. Consider global cues as slightly positive for today. We were tracking 23000-23250 zone. Nifty is showing some stability exactly in this zone. Let’s hope that this consolidation continues. If the market builds a base in this zone, we can expect some relief. Let’s see. I will see the results. Use any rally in the market to exit the weak stocks of my portfolio. Generate cash. Use this cash to buy more quantity of the strong stocks in my portfolio. This will be my strategy for the next few weeks. There is a possibility of Israel Hamas cease fire again.