- US markets closed more than a percent lower Yesterday.
- Asian Markets are Mindly Negative.
- SGX Nifty is Trading near 11150.
- Technology stocks led the Decline in U.S.
- Talk of the Town is Amazon is looking to invest 9.99% in Jio Retail.
- After Jio has bagged so many Investments now Retail counter not holding back.
- Reliance could single Handedly control Nifty downfall.
- Last 4 weeks there was a pattern.
- Nifty went up on Friday , Monday , Tuesday.
- Corrected a bit on Wednesday and again rocketed back on Thursday.
- This was going on from last 4 weeks with Volatility bring reduced.
- Coming to this week I am Expecting a very Volatile Expiry.
- Remember Weekly expiries are less Volatile Compared to Monthly Expiry.
- Monthly Expiry there is big Participation and rollovers in F&O lead to big movements.
- Im Observing this from last 3 Months Expiry and all Expiry have been Highly Volatile.
- Those who made money in July should now focus on Protecting what you have made.
- Protecting profits is very important & if you Cannot do that then Volatility can easily take back most of it.
- A Trader should know when to trade like Rahul Dravid & when to Trade like Virender Sehwag.
- All the 4 weeks we have Traded like Virender Sehwag now it's the Tricky situation in the Match so not throwing our wicket is important ( ie , Protecting profits is important).
- Now it's the time to Trade like Rahul Dravid which is very defensive & not take big Positions.
- Expecting a bit of correction in our Markets.
- Reliance might hold up Nifty but Bank Nifty will be weak compared to Nifty.
- In July we are up more than 1000 Points on Nifty , so now is to take some caution.
- As one Negative news or event Markets can fall swiftly.
- Do not carry any Positions over the Weekend.
- There are Many events lined up in U.S Markets.
- ITC is going to Declare its results today so that is an Important event to watch out for.
- Nifty might Trade between 11060-10240 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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