- U.S Markets closed lower Yesterday.
- Dow futures are slightly lower now
- Asian Markets are mixed.
- SGX Nifty is Trading near 15780.
- Corporate results have started to kick in for Indian Corporates.
- Titan has come up with fantastic results yesterday.
- In spite of 2nd wave issues results were exemplary.
- Yesterday the star of the show was HDFC bank.
- Everybody is aware of HDFC Bank holding the highest weightage in Bank Nifty.
- HDFC Bank at one point of time alone contributed 350 point gain Yesterday.
- As I've been mentioning to sell Nifty near 15900 and buy near 15700.
- The same continued yesterday.
- Nifty failed to cross it's important resistance of 15900.
- 2nd half witnessed a heavy sell off by the FII's.
- Tata Motors was down 10% yesterday.
- Stock hit lower circuit yesterday as company expressed concerns over Chip shortage.
- Wednesdays are the day before expiry and generally it's expected to be Volatile.
- On a close to close basis we might close mostly flat.
- Intraday Volatility will Continue.
- 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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