- U.S Markets closed higher Yesterday.
- Right now Dow Futures are lower.
- Asian Markets are down.
- Asian Markets like Hang Seng & China recovered yesterday but now both are lower.
- SGX Nifty is trading near 15740.
- Yesterday we had a normal expiry.
- There were no big moves and market was highly rangebound.
- For whole of July series our Markets didn't go anywhere.
- We closed exactly at the same place we closed in June.
- June expiry Nifty was at 15800 and July expiry it's the same as well.
- Nifty traded in a very narrow range of 300 points for whole of July.
- Bank Nifty within a thousand point range.
- Consolidation is good for Bull Market in the Long run.
- My only worry is the Stocks are rising but the Earnings ain't catching up.
- Bull Market can run and can go high on hope but earnings have to catch up.
- If earnings are not catching up it's difficult for the rally to survive.
- Be very specific in this Market from now.
- Buying Junk Stocks can make you lose what you made in a matter of few weeks.
- This Market looks tired to me at higher levels.
- We need some trigger to get out of this range.
- FII's have been selling for more than 2000 crore on a daily basis.
- Market is withstanding the Heat only because of DII's & Retail people.
- Option sellers need to be extra cautious in this Market while carrying and selling options.
- Premiums and VIX are too low and any sudden news can shoot up the Premiums.
- Im applying a mix of sell and buy strategies with primary trade of buy side.
- Do not think of selling naked options in this Market.
- Nifty might Trade between 15640 to 15820 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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