- US markets closed flat Yesterday.
- Markets all over the World are in a Consolidation mode currently.
- Many Asian markets are closed today for Holiday.
- SGX Nifty is down by 40 Points and near 15100.
- Yesterday we witnessed a highly Volatile trading session.
- Nifty was down 100 then in Negative then Negative 100 and then finally closed in Green.
- Yesterday I mentioned 15k as a critical support and it worked out well.
- Markets have rallied non stop after budget so they require a breather before rallying further.
- Consolidation keeps the market strength in check and bulls will be motivated by this.
- My Expiry range which I mentioned yesterday was 15k to 15400.
- Today I expect Nifty to expire between 14960 to 15240.
- Today may not be that Volatile as it was Yesterday.
- Expecting first half to be normal and Volatility may kick in for the second half of trading session.
- Bank Nifty finding resistance around 36500-36600.
- Markets closed almost flat for two days.
- Clearly 15270 is a strong resistance for Nifty now.
- I've sold 15250 CE and 14950 PE Yesterday on Nifty.
- Expecting to eat away all the Premium by today expiry.
- Nifty might Trade between 14960 & 15240.
- 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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