- US markets were up Yesterday.
- S&P 500 was up 2% and Nasdaq up more than 4%.
- U.S Markets have given a clear breakout Yesterday.
- SGX Nifty is now Trading around 15250.
- Both FII's & DII's were buyers Yesterday.
- Not only they were buyers but they have bought Aggressively.
- Expecting 2nd half of March to be fairly Bullish.
- Do not sell options for March series.
- Market might shock you on the upside.
- Bond Yields in U.S have lightened up and this will give Financial sector a boost.
- Also there has been a big amount of short covering at higher levels.
- 15100 , 15200 have added more interest.
- All these are likely to be trapped today.
- They can propell Markets higher in coming time.
- I'm selling 14000-14500 Put Options for Monthly series as of now.
- To hedge it one can sell 16000 CE.
- For short term I feel we can touch 15500.
- Consult your Financial advisor before taking any Position.
- Nifty might Trade between 15120-15320stockmarketadvisory.in today.
- Dow up 300 Points.
- Asian markets are mostly weak.
- SGX Nifty is higher, trading around 15060 now.
- Yesterday Markets did gap up but then got sold off then recovered again sold off and closed almost flat.
- It was a highly Volatile intraday session but on a close to close basis Market was up only 18 points.
- Bank Nifty is taking support at 35000.
- This seems to be a strong support area.
- The concern now for Bulls is even FII's have started selling now.
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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