- US markets closed Slightly Negative Yesterday.
- Down Futures are now down more than 150 Points.
- Asian Markets are all Negative
- SGX Nifty down 140 Points.
- Reason is U.S Fed take on the Markets.
- U.S Fed Minutes Triggered selling.
- U.S Fed presented a Cautious to negative stance on the Economy , which is triggering sell off.
- AGR case hearing at 2 pm today.
- These 2 events leading to sell off.
- As we are at intermediate highs it is making bigger.
- FII's were net Buyers Yesterday whereas DII's were net sellers.
- Apple becomes the first company to cross 2 Trillion $ market cap.
- Today looks to be a very Volatile Expiry.
- Many news flow coming and most of it are on Negative side.
- Usually a big move is there on Expiry days.
- And this time it would be Interesting to see where it comes by.
- View has become Negative for short term.
- Nifty might Trade between 11140-11340 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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