- U.S Markets closed flat on Friday.
- When our Markets were trading on Friday, U.S futures were 150 Points lower and have recovered during the day.
- Asian Markets are also Higher.
- SGX Nifty is Trading near 18000.
- Looks like we may gap up above 18k today.
- Markets have been in a big Bull run since 7500 Nifty.
- There hasn't been a 10% correction on Nifty since 7500.
- Evergrande issue created some panic temporarily in the Markets.
- Markets have moved on as this has been settled.
- 18000 CE has the highest open interest in Options followed by 17800 PE.
- If we settle above 18k for some time then there is every possibility of a huge short covering rally.
- These traders when trying to cover there call options can propell the Markets even higher.
- Real Estate sector has been outperforming from quite some time.
- According to my Analysis, Capex cycle is back in real estate sector.
- I expect the Real Estate prices to go up in coming year.
- Real Estate and Stock Market are two best avenues of Investment currently.
- Over the Weekend there was a news of Cinemas opening up from 22nd October in Maharashtra.
- This would be taken Positively by PVR , Inox leisure etc as Maharashtra in one of the highest popolated startes for India.
- I've been repeatedly saying to buy on dips and not to short this Market.
- Just look at good entry Points to enter on dips than thinking where to sell.
- Nifty might Trade between 17880 to 18120 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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