- US markets fell Yesterday.
- US 10 Year Bond yield shot up to 1.55%.
- This is bound to happen due to more stimulus the Bond Yields will go higher.
- This is a worry for our markets.
- Another worry is the Volatility.
- U.S VIX is now close to 30.
- India VIX close to 30.
- Yesterday the Volatility was high.
- Expecting Volatility to increase going further in March series.
- Nasdaq is down by more than 10% from recent high.
- More than 10% fall in U.S Terms is considered as a correction.
- A fall of more than 20% is considered as Bear market.
- Asian Markets are beginning to recover slowly.
- SGX Nifty made a low of 14800 now trading around 14970.
- Option Premiums are too high indicating significant Volatility going forward.
- If we break today's low I won't be surprised to see 14500 again.
- Expecting Nifty to be volatile between 14800 & 15200 and this is the short term range.
- Nifty might Trade between 14880-15080 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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