- Dow fell around 800 Point's Yesterday.
- Dow future are up 1% now.
- So SGX Nifty was recovered a bit from lows.
- Now trading near 11700.
- Today is the Monthly Expiry.
- So it's expected to be quite a Volatile trading session.
- U.S VIX has crossed 40 , India VIX is likely to cross 30 this depicts the Volatility we have to face.
- 12000 seems to be quite a big Resistance now and according to me it won't be crossed so early.
- Trade remains to sell on Rallies.
- Sell off's are quite sharp and violent.
- FII's have turned net sellers and sold quite a big amount Yesterday.
- DII's are constantly booking profits at higher levels.
- World markets are worried about the 2nd wave of Corona virus.
- There has been no development in Vaccine now.
- Stimulus cancelled until U.S Elections.
- All bad news are striking markets door now.
- Traders need to be highly cautious now.
- Specially option writers need to very cautious.
- Whatever it is , settle your Positions Intraday
- As the gap ups and gap downs may be quite large in risking VIX Environment.
- Nifty might trade between 11580-11820.
- First hour in very critical today.
- If we break Yesterday's low there will be huge sell off again.
- If we don't , thennwe may expect a Consolidation and trading based on global markets.
- 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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