- US markets closed higher yesterday.
- Asian markets are flat.
- U.S futures in red now so SGX Nifty is almost flat
- Yesterday night it was higher.
- SGX Nifty is down slightly.
- So markets are expected to open flat.
- Option writers like Markets to open flat specially on Expiry days.
- Global markets are highly Volatile and are giving big Moves on both sides.
- Stocks like SBI, Axis Bank fell nearly 20%.
- SBI once again below Rs 200.
- Yesterday afternoon news came that Silver lake is investing in reliance retail.
- Reliance bounced back from lows and recovered the Market.
- Expecting a flat to negative expiry today
- Today one more major news is supreme court hearing on banks interest.
- That will create high Volatility today.
- Option writers should be careful today.
- Look to take Minimum Quantity at first with fixed Stoploss and dont keep positions open till 3.30
- Nifty might trade between 11200-11380.
- 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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