- U.S Markets closed higher on Friday.
- Asian Markets are all in Green.
- Right now U.S Futures are also higher.
- SGX Nifty is trading near 16580 now.
- Markets all over the World fell Uniformly on Thursday due to Taper Tantrum.
- Indian Markets fell due to Taliban border cealing.
- Now the Markets have taken into its stride and ready to move on.
- Bull Market Corrections are fast & Furious.
- Rallies too are equally fast & furious.
- That's why trading in Bull Markets can be tricky.
- Markets May turnaround suddenly just due to some small negatives.
- Last week's expiry generally are highly Volatile.
- This is due to low Premiums and high Vega.
- Volatility is high in last week's expiry so Gama effect maximises option prices in short span.
- India VIX was higher 8% on Friday but I expect it to go lower today.
- India VIX going down is a good news for option sellers.
- Expect this week's Nifty range between 16300 to 16700.
- Bank Nifty looks very weak and rallies are am Opportunity to sell into.
- Indian Govt has summoned Infosys CEO Mr. Salil Parekh due to Glitches in Income Tax portal. Income Tax site isn't working from 2.5 Months and all CA's are finding it extremely difficult to work.
- Infosys stock might be under pressure today.
- Nifty might Trade between 16460 to 16660 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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