- US markets closed at record high Yesterday.
- Another record high for U.S Markets.
- Asian markets are Underperforming.
- SGX Nifty is lower by 20-30 Points.
- 10 Year Bond Yield is higher by 10 basis Points.
- Yesterday was again a very Volatile expiry.
- Markets were all over the place with heavy Volatility.
- Wipro has come up with good results and it was higher in U.S Markets.
- Markets as of now are very confusing and are not giving a proper signal / trend.
- With Covid Cases being reported at record high and new lockdowns things seem uncertain for our Markets.
- Now isn't the time to be Bearish.
- I will become bearish only if Nifty breaks 14200.
- Until that happens I'm going to continue to be Bullish with a rangebound view.
- FII's have turned net buyers.
- Yesterday they have bought plus DII's are also covering shorts.
- Coming week we have results of banking companies.
- These results will decide the trend going ahead.
- Nifty might Trade between 14420 -14640 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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