- S&P 500 Crossed it's Intermediate highs of this Year.
- U.S Markets ended in Green.
- Asian Markets are all Trading higher.
- SGX Nifty is Trading near 11100.
- Today also we are likely to have a 100+ Points gap up.
- HDFC Bank ADR is up 8% in U.S Market.
- Yesterday i mentioned I won't be Surprised if we see a 400-500 point move on Nifty this week itself on the higher side.
- We got 100 Points Yesterday and there are 3 days to go.
- The Secret of Profitable Trading is to ride big profits.
- Intraday Traders miss this big ups which market has to offer.
- They look to find new exits Everyday.
- Just take the right trade and stick on to it.
- I have sold 10900 , 10850,10800,10750,10700 PE on Nifty weekly Expiry .
- Sold Bank Nifty 22000,21500 & 21000 PE Yesterday.
- Not going to touch these Positions till Expiry.
- Reducing Intraday Leverage by SEBI is a good move as it will reduce Intraday Volatility which will Automatically benefit Hedge Traders.
- It might have a Negative effect on some broking stocks today.
- Hedge Traders either want a clear Trend as we have now on the higher side or want a silent market.
- Hedge Traders do not like Big reversals which happened last week.
- Be Smart take Long Positions and just stick on to it.
- Many people have now started to ask where will Market top out?
- Nobody knows when will Market top out and who cares where it will top out.
- When it tops out it will show us right now just stick on to long positions till this Expiry.
- Bajaj Twins going to declare results today and this is going to be an important event today.
- Supreme court verdict on ADR has become a Non Event now.
- Trade remains simple , those who have taken long positions just stick to your Positions without any tinkering.
- Those who are yet to enter can enter on dips and stay in till this Expiry.
- Nifty might Trade between 11080-11240 today.
- 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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