- U.S Markets closed lower Yesterday.
- Asian Markets are Majorly Flat.
- Due to Good results by Amazon overnight Nasdaq is up 2%
- This took SGX Nifty higher by 30-40 points overnight.
- Yesterday our Markets Witnessed big selling.
- Monthly Expiry are very Volatile.
- Yesterday it was no less.
- August Month will be very Volatile and my expectation is it will belong to the Bears.
- Markets have Rallied a lot in July and now they Seem to be heading near the top.
- Fall may not happen so early but it is bound to happen.
- Reliance came up not so good results.
- Street Expectations were very low but results were good Compared to the Expectations.
- Time to be cautioned on the upper side.
- 11300 seems to be very Difficult to be broken away anytime soon.
- 11000 is a strong support .
- HDFC ltd also posted bad results Yesterday which aggreviated the selling.
- Markets moving Violently within this Range.
- Good risk reward lies in taking contra Trades nearer to the Boundaries.
- Nifty might trade between 11060-11200 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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