- U.S Markets closed 400 Points higher Yesterday but Dow Futures is Trading 0.5% lower now.
- Asian Markets are all Slightly Negative.
- SGX Nifty is down 40 Points are Trading near 10750.
- Yesterday the Markets Witnessed a big rally on the back of Support from Global Markets.
- FII's & DII's were net Buyers Yesterday.
- Markets have Rallied very Quick in very short time.
- Markets need to slow down and Consolidate a bit now.
- Expecting today to be the day of Consolidation for Nifty.
- LargeCap Heavyweights Performed extremely well Yesterday.
- Reliance was Suggested as a Long Term Recommendation rallied more than 3%.
- HDFC Bank on the back of Good Numbers was up 3% Yesterday.
- Trend Still remains Bullish and it is Still a Buy on dip Market.
- Markets pause after big rallies but that doesn't mean Trend has changed.
- Bank Nifty failed to cross 22400-22500 Yesterday.
- Due to which Nifty was Unable to Sustain above 10800 Yesterday.
- This might take some time to happen.
- Today Markets might trade within a flat range of 100-120 Points on Nifty.
- I have Squared up all my Put Options sell Positions Yesterday as Premiums are already down by 60-70% while still 3 days left for Expiry.
- Will be waiting for dips to sell Put Options.
- Nifty might Trade between 10700-10800 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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