- US markets were Consolidating.
- Asian Markets are Positive.
- SGX Nifty is up 70 points.
- Markets broke out of 11300 Yesterday but due to Postponement again in Supreme Court Verdict profit booking came.
- Today again we are going to open above 11300.
- Bank Nifty is going to open above 22k.
- What's more important is follow through.
- Once we get follow through above these levels the target for Nifty is 11500.
- Im selling Put Options Aggressively.
- Every dip is a buying Opportunity.
- This is a Bull Market rally which is confusing many people.
- But sometimes the best way is to not to think much and follow markets.
- Markets will give us a sign when they start reversing.
- Until then it's better to stay with the Trend and follow it.
- Titan results were not upto Street Expectations and were poor.
- Axis Bank and ICICI Bank have done QIP and raised money.
- Whether markets take it as positive or Negative is to be seen today.
- Supreme Court Verdict is likely to become a Non Event now after so much delay and Postponement.
- Markets will trade according to Global Markets now.
- FII's were net Buyers Yesterday and DII's were net sellers.
- Nifty might trade between 11240 to 11400.
- 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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