- U.S Markets closed flat yesterday.
- Asian Markets are mostly flat.
- SGX Nifty is howering around 15900.
- Right now Dow futures are also flat.
- There were some positive news over the weekend.
- The GST Collection for July came at 1.16 lakh crore.
- This is the top 3 highest GST Collections till date.
- Auto Companies reported good sales numbers.
- Due to these positive news we are indicating towards a 100 points gap up.
- 15900 was a resistance yesterday.
- Nifty tried to break 15900 throughout the day.
- But failed to break it decisively.
- Today it would be another attempt to cross 15900.
- Let's see what happens during the day.
- I've sold 16000 CE yesterday. (weekly expiry)
- Yesterday for the first time , Nifty futures closed above 15900.
- FII's keep selling rigorously.
- DII's and retail people are supporting this Market.
- Yesterday we witnessed some selling after 2.30 but was recovered during the day.
- Nifty might Trade between 15780 to 15940 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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