Short-Term Strategy for US and Indian Stock Markets: Week Outlook US Stock Market It’s advised to short S&P500 at 4193 (today in Asian hours) with S/L 4211. The week ahead may see Monday’s negativity with a bearish closing, followed by a recovery starting from Tuesday. Expect mixed to positive trends until Thursday, then a potential downturn on Friday.

Overall, the week may lean slightly bearish, with a possibility of a lower opening next Monday. Trading strategy: Consider covering short positions in indices at today’s US closing or tomorrow’s Asian opening. Long positions are advisable at lower levels until Thursday. By Thursday’s close, reevaluate for short positions in preparation for the subsequent week. S&P500 has support at 4165 and resistance at 4200-4210. Accumulate AMZN, GOOGL, TSLA, AAPL, NVDA, NFLX, PYPL, BRK/B, and SHOP at lower levels today and book profits by Thursday. Indian Stocks Following Friday’s closing, we recommended short positions in indices and stocks. Today, a lower opening is indicated due to election results. Nifty has support at 14200 and resistance at 14600-14700. Expect lower market trends today, potentially extending to a gap-down opening on Tuesday. However, a recovery is anticipated in the second half of Tuesday, leading to an overall positive trend until Thursday. Friday may witness another negative turn, likely continuing into the next week. Trading strategy: Cover short positions within 1-2 hours of today’s opening and wait for higher levels to re-enter short positions. By Tuesday’s opening, consider covering shorts and initiating long positions at lower levels, holding them until Thursday. Profit booking in long positions is recommended by Thursday’s close, followed by short positions at higher levels for the next week. Banking and finance stocks may experience weakness by Tuesday. Stay ahead of market movements with our timely insights and capitalize on short-term trading opportunities. Subscribe now for our Daily Newsletter or Live Signals. For more details, contact us at astrodunia@gmail.com or call +91-9669919000.