- U.S Markets closed yet at another record high Yesterday.
- Dow futures are slightly positive currently.
- Asian Markets are mixed.
- SGX Nifty is Trading near 15800.
- It seems like U.S Markets have finally broke out of the consolidation.
- The Momentum on the upside has begun.
- Our Markets have still been Consolidating.
- Yesterday we witnessed a fresh rally in our Markets.
- This was largely due to Domestic Institution buying and FII short covering.
- Still I feel we will consolidate and chop around.
- I do not see Indian Markets crossing 15900-16k for this Expiry.
- One should trade the range now.
- Range is 15700-15900 on Nifty.
- When we get to lower end that's the time to buy.
- Near upper end is the time to sell.
- Be satisfied with small gains if you are an option buyer.
- Even 30-40% on the option is a great performance In this Market.
- Waiting for the option to become 2X -3X invites trouble.
- Bank Nifty looks weak and resistance might kick in at 35400-35500.
- Nifty might Trade between 15700 to 15900 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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