- U.S Markets closed higher.
- Dow Futures are higher now.
- U.S has declared strong Jobs data numbers.
- SGX Nifty is currently near 14980.
- Asian Markets have mixed cues.
- Many times Nifty has come towards 15k but unable to cross and sustain.
- This time we have positive Global Cues but Negative Local Cues.
- Covid Cases are at record high in India.
- Maharashtra is highly impacted state.
- Many Restrictions and lockdown on weekends have been imposed.
- This week is quite important as we have lot of results lined up.
- Many companies are set to declare results.
- This will decide the short term trend in our Markets.
- India VIX closed below 20 on Thursday.
- Option premiums are quite low.
- Last week for a fantastic week for option writers as premiums fell across board.
- Always remember after a very good week we are quite likely to have very volatile week.
- After very Volatile week we might have a ranging week.
- March end expiry was highly Volatile.
- April 1st week was ranging.
- Now things might turn up to be Volatile.
- So time for option writers to apply caution.
- Nifty might Trade between 14840 to 15060 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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