- US markets closed lower Yesterday.
- Yesterday when our Markets were Trading , U.S Futures were down more than a percent.
- Yesterdays closing in U.S was somewhat better.
- The reason why we fell so much Yesterday was some expiry related issues.
- All the Put writers were trapped as its the expiry.
- Which leads to a big crash.
- So expiry days if major levels get taken out one should expect big Moves.
- Asian Markets have recovered some of their losses.
- SGX Nifty is Trading near 11750.
- Volatility will be quite high until the U.S Elections.
- One should always hedge postions.
- Without hedge and without Stoploss it can create disaster.
- I know many Put writers who lost 30-35% of the Capital due to Stubborn attitude.
- Also Big sharp falls like Yesterday in Bull Markets is a great Opportunity to enter into.
- In Bull Market , Bears Generally have only 1 day to enjoy.
- Bulls come back swiftly and roaring.
- Last Expiry too (September End) Nifty crashed but then went up 1000 Points.
- Nifty might Trade between 11680-11840 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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