- US Markets closed Higher Yesterday.
- Right now , U.S Futures are flat.
- SGX Nifty is Trading near near 13960.
- Asian markets are Mixed.
- Today is the last day for December series.
- 2020 has been a very Volatile Year.
- First we had big fall and then Fantastic recovery.
- 14k is a big Resistance & as of now we are defending this level.
- If 14k is crossed and sustained we will witness 14100 is no time.
- 13800 is a good support to work for today.
- So my Expiry range is 13800-14k.
- With a condition of BREAKOUT at 14k.
- Reliance has been consolidating is 100 Point range since last Month.
- For Markets to make higher highs from here Reliance has to perform.
- Union Budget would be a very Important event for Markets now.
- Projections , growth , deficit , Inflation etc would be some big numbers.
- I've sold 13800 PE & 14100 CE.
- Would be sitting in 50% gains today Morning.
- Would adjust my Positions accordingly based on Market Movement.
- Nifty might Trade between 13880-14040 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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