- U.S Markets closed flat Yesterday.
- Asian Markets are lower now.
- Right now , Dow Futures are flat.
- SGX Nifty is Trading near 16920.
- Yesterday we had a phenomenal rally on frontline indices.
- Nifty claimed yet another record high & Bank Nifty broke out of 36k.
- This Bank Nifty breakout led Nifty as well.
- Nifty is up 1000 Points in last 1 Month.
- Who would've thought that something like this might happen.
- This is Stock Market and it surprises even the best and experienced people out there.
- 17000 is just around the corner now.
- There's a high chance of breaching 17k this Expiry itself.
- Today we have a very important event coming up.
- GDP data for Q1 2021 will be out later during the day.
- As most of the Economy has opened up I expect GDP data to be better compared to previous figure.
- Bank Nifty should outperform from here.
- I have a Gut feeling that Q1 GDP data might help Nifty to gap up above 17k tomorrow.
- Provided we don't cross 17k today.
- Nifty might Trade between 16820 to 17020 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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