- US markets closed higher on Friday.
- Asian Markets are also trading higher.
- SGX Nifty is up 70 Points.
- U.S Markets closed higher in Stimulus hope as the Jobs data was not upto the Mark.
- Over the weekend, US passed Stimulus Bill of US1.9 Trillion.
- This is creating a very Positive sentiment in the whole World Markets.
- Indian Markets are on a Dream Run since last week.
- Bank Nifty up 15% and Nifty up 10-12%.
- SBI up 40% in a week.
- Never ever this has happened before.
- 15k is a Psychological Resistance and once this is taken out we can see more higher levels soon.
- Markets won't rally as fast as they were from last week , the pace will surely reduce.
- But yes there is more to come after 15k.
- Not immediately but maybe in due time.
- ITC , the Sleeping Elephant has also woke up now.
- It is set to declare results this week.
- Auto Stocks are Underperforming now.
- This is the only sector not participated & haven't contribute majorly in the rally.
- Put Options are trading at high Premiums and now is the best time to sell Puts on any correction.
- Nifty might Trade between 14940-15080 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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