- US markets closed Flat Yesterday.
- Asian Markets are mostly Trading higher now.
- SGX Nifty is up 100 Points.
- This Gap up is likely to be sold into again.
- Technology stocks are seeing huge selling pressure globally.
- TCS has fell more than 10% in last few weeks.
- Yesterday, Asian markets opened positive and then before our markets open, sold off.
- Today, Asian markets opened lower but recovering before our markets open.
- This 100 Point gap up is an easy sell trade.
- These are good risk reward trades.
- Market is highly bearish now.
- But also a good short coveting may creep in.
- India VIX was up 15% Yesterday.
- Put Option Premiums rose Significantly.
- One thing is for sure , Volatility will be huge now.
- Nifty might Trade between 14620-14880 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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