- US markets closed higher on Friday.
- Asian markets are majorly positive.
- SGX Nifty is near 14400.
- Corona Virus are being recorded at all time high on daily basis.
- Experts say this may peak out till May End but this isn't certain.
- Japan has declared Covid Emergency in their Metro cities.
- Delhi has extended lockdown for another week.
- Many States like Karnataka etc resorting to another fresh lockdown.
- FIIs have sold for more than ₹1300 crores.
- FII's clearly have turned bearish on Indian Markets.
- This is the first Monday in last 4 Monday's where we are opening in positive zone.
- But will this sustain or not only time will say.
- ICICI Bank has come up with results over the weekend and the numbers look good.
- How will the stock react to the same needs to be seen today.
- This week we are set to get in many results Including Reliance etc.
- Iternational help are some positives on Corona front as of now.
- For the whole of April we haven't gone anywhere on a close to close basis and it was just a Consolidation.
- Usually when this happens the last week is likely to give a big move.
- Volatility is likely to be much higher in the last week of monthly expiry.
- Nifty might Trade between 14260 to 14480 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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