- U.S Markets closed mildly Positive on Friday
- Asian Markets are all Trading higher.
- SGX Nifty is around 11760.
- Indicating a gap up of about 80+ Points.
- Bank Nifty is the star of the show Currently.
- Bank Nifty was up 1000 Points on Friday and has clearly broken out from all its Resistances.
- Bank Nifty itself is taking Nifty higher.
- Weekend another major news was announced relating to Reliance - Future group deal.
- Expecting Reliance to Trade on a Positive momentum after this.
- Only last week RBI Governor said markets will correct.
- Markets are moving higher with more momentum after that.
- Today's talk of the town is Reliance buying Future Retail.
- Second big news is the extension of Moratorium by Banks.
- Moratorium extension is Negative for Banks and vice versa.
- PSU banks are looking so strong and on a serious Bull Market.
- Look for pockets which was not performed in the recent rally.
- These are where you can make money now.
- Buy the Dip and ride the Trend.
- Nifty might trade between 11660 to 11820 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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