- U.S Markets Ended 0.5% higher Yesterday , Mostly Flat.
- Asian Markets are Trading Mixed.
- SGX Nifty is Trading 40 Points higher near 10340 now.
- U.S Suspends HIB Vivas entering into their Country so this might be a Negative news for the IT Stocks.
- Yesterday in the Pre - Open SGX Nifty was up by 40 Points and was trading near 10230.
- Surprisingly , our Markets opened near 10370.
- This was highly Unexpected & Unplanned.
- Yesterday for the Complete day our Markets kept Consolidating & Trading within a Range.
- On days like these do not chase the Gap up Openings.
- The Trend is so Positive for our Markets that every dip is being bought into.
- Yesterday Nifty was Trading in red for a Maximum of 5 Minutes but that dip was also bought into immediately.
- This is a clear rising Market.
- Strong Momentum towards Upside and every dip is being entered into.
- Usually as per my Experience , Market gives a big Move at the time of Monthly Expiry.
- Last 2 months in the last week of Expiry , Markets gave a big Move towards Upside.
- We have to see where does this big move come this Month.
- High Probability that the same will be towards Upside as well.
- Yesterday Reliance did not perform Exceedingly well and Witnessed selling pressure near 1800.
- If Reliance joins the party we can expect Fireworks.
- Bank Nifty looks much Stronger Compared to Nifty & is in a Strong Uptrend.
- FII's were Net Buyers Yesterday.
- DII's were net sellers Yesterday mostly due to profit booking.
- I sold 9900 , 9800 , 9700, 9600 PE Yesterday and bought 9400 PE for Margin benefit and to reduce the Margin.
- Sold 10500 , 10600 , 10700 & 10800 CE Yesterday and bought 11000 CE for Margin benefit.
- Reliance trade exited in 7% profit in a week.
- Nifty might Trade between 10220 to 10420 today .
- Do not chase stocks like Glenmark Pharma etc which have already given big move Yesterday.
- stockmarketadvisory.in
1. U.S Markets closed higher on Friday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is up 30-50 Points. 5. There's no point discussing Global markets today. 6. As we are dealing with our own local issues as of now. 7. The talk of the town is Adani Group. 8. Every stock Market participant during last 2 days have not spent as much time with their wife /gf /husband /bf as they have spent on researching Adani stocks. 9. They shouldn't have wasted so much time in research and should've spent their time with loved ones. 10. As Ultimately my Pre Market report would clear all. 11. Now , the Adani stock price has gone below the FPO price. 12. FPO price is in the range of 3100-3200 and stock price is around 2800 13. Who will subscribe to FPO when they can buy shares much cheaper from the Market? 14. Also over the weekend Adani has come up with a 450 page report addressing one by one the allegations made by Hindenberg. 15. I haven't
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