- US markets Flat Yesterday.
- Asian Markets are also flat.
- Markets all over the world are showing signs of Consolidation.
- Yesterday was expiry and our markets were mostly Flat.
- We witnessed severe correction in first half and expected that this could turn out much worse.
- Bears tried their best to break 13400 Yesterday but couldn't succeed.
- Finally we witnessed big short covering in last hour.
- SGX Nifty is Trading near 13520 now.
- This is now a market which will reward those who buy on dip patiently.
- Entering on gap ups us a very risky trade as this Market is already at highs.
- Also an Interesting thing noticed Yesterday was sector rotation.
- Sector rotation has been happening and money has been shifting to FMCG stocks.
- FMCG stocks have not performed in this rally but when bear market comes there stocks start performing.
- It's time to be very selective and careful now while choosing Equities.
- Markets look like there is some steam left now on the upside.
- But it will be a slow and steady game.
- Pace at which we will witness the same will be lowered now.
- Consolidation with a slightly Bullish bias is the Expectation.
- 13400 & 13500 is the range.
- Near 13400 it's a good level to enter into.
- Until then it's better to trade Individual stocks and avoid buying Nifty at higher levels and getting trapped.
- Nifty might Trade between 13380-13540 today.
- stockmarketadvisory.in
- Question of the day by MR. Harish
- Who are FII & DII and how do they impact the Market.
- FII's are Foreign Institutional Investors. There are foreign investors who invest in our Markets. These are the people having huge funds that's why keeping a track of their activities is important to get an idea about markets.
- DII's are Domestic Institutional Investors. These are local people who trade in Indian Markets who manage or have big amounts of money.
- DII money + Retail Money = FII's Money.
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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