- US markets closed mixed Yesterday.
- But due to 2nd wave of Corona Virus spreading faster than expected.
- Markets are under pressure.
- Global Markets seem to have started into the phase of Correction.
- Asia is stronger compared to Global Markets as 2nd wave hasn't been hit.
- Until when will this last , only time will say.
- Markets are still trading in this tight range of 300 Points.
- 2 days left for monthly expiry.
- Will we get a breakout or breakdown?
- Or we will just Consolidate.
- Chances of Consolidation are quite high.
- Now a sector which could rise in the generic medicine sector.
- All the Companies who do Testing , provide energy drinks etc might be the next theme to catch.
- Pharma ,IT have already performed well and chasing these stocks wouldn't lead to anything great.
- One has to identify new themes to make big money.
- FII's have been buying whereas DII's have been selling.
- October series is nearing its end.
- Next 2 days will be crutial for the Markets.
- Markets could be highly Volatile in next 2 days.
- India VIX continues to rise.
- Nifty might Trade between 11780-12000.
- 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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