- US markets closed a Percent higher Yesterday.
- Asian Markets are all trading higher.
- SGX Nifty around 13640 now.
- Pre - Opening for SGX Nifty indicates all time high.
- If there is a follow through after the first hour at all time highs.
- We can expect more follow through.
- Or as always Markets will fall Intraday and recover back in 2nd half.
- This is what is going on since a Month now.
- Financial Stocks are on a roll now.
- Specially the NBFC Companies.
- Bajaj Twins were the Heroes behind market recovery Yesterday.
- This is a ranging Market and its advisable to play the range.
- SGX Nifty indicates 100 Point gap up and if we really open here it's better to sell.
- Keeping a Stoploss of 50 Points spot.
- Dip towards 13480-13500 is a buying Opportunity.
- Yesterday another IPO has opened.
- Mrs. Bectors IPO this company deals in Bakery products.
- They have an Experience of 25 Years and have a good brand value in 5-6 States.
- Future Prospects of the Company looks promising
- Can Apply for listing gains as it won't list below the issue price.
- My Verdict - Subscribe.
- Nifty might Trade between 13480-13660 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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