# Before we start, here is the famous quote from Benjamin Graham, renowned investor regarded as the father of value investing.

‘In the short run the market is a voting machine, but in the long run it is a weighing machine.’

# This is a market where sentiments change with a blink of an eye.

# Well, the mood was quite bearish in yesterday’s trade and now this Tuesday, and in-line with our call of the day, the market situation is aiming to change significantly towards bullish bias.

# Timing is and will be everything.

# Now, the Good News: WTI oil futures tumbled to $66.50 per barrel.

# The fall in oil prices is suggesting that markets are now pricing in a potential de-escalation of Middle-East conflict.

# Please note, Iran is unlikely to gain much from the closure of Strait of Hormuz than it is likely to benefit from keeping it open.

# We are actually hopeful that Iran will consider diplomacy.

# Well, this could be beginning of an end to the entire middle-East tensions.

# Bottom-line: Nifty could bounce above its biggest hurdles at 25222 mark only if diplomacy takes centerstage at Middle East.

# Nifty bulls are likely to be everywhere. The gyan mantra is to make hay while the sun shines.

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