- U.S Markets were about 200 Points higher Yesterday in our Markets trading hours.
- By Evening this strength fizzled out and U.S Markets closed almost flat.
- Right now , Dow Futures are higher.
- SGX Nifty is Trading at 17670.
- Most Important thing , U.S VIX was down 3% Yesterday.
- Yesterday we opened more than 100 Points lower and recovered during the day.
- Last hour witnessed profit booking in our Markets.
- Yesterday I had given a Expiry range of 17600 to 17900 this played out very well for Yesterday.
- Today as well this range holds out till 2 pm.
- After 2 pm sometimes the expiry issues kicks in and markets move drastically.
- If the Global Markets are silent then the above range should play out for the day.
- September was a fairly Volatile month.
- Nifty shot up 1100 Points in 3 weeks then fell 500 Points and recovered.
- Only for falling another 400 Points in the last week.
- Yesterday top 6 stocks were from PSU Bank's.
- I don't remember when was the last time this happened.
- All private banks witnessed profit booking yesterday.
- I'm Bullish for October Month as I expect good results due to opening up of Economy.
- Today might be an inside day with not much Volatility.
- Nifty might Trade between 17600 to 17900 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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