- U.S Markets were closed Yesterday.
- Due to Martin Luther King Day.
- Yesterday for whole of the day U.S Futures were flat.
- Right now they are flat and Asian markets are slightly higher.
- SGX nifty is up by 10-20 Points.
- Yesterday we briefly broke out of 18300.
- Momentum was slow as global Markets were muted.
- Momentum is likely to pick up in coming time once we sustain above 18300.
- HDFC Bank closed a percent lower Yesterday.
- Everybody expected HDFC Bank to go higher Yesterday.
- Movement of a Stock after its results is very difficult to predict.
- Specially the day after results.
- Expecting both the HDFC Twins to stabilize from today.
- 18300 short straddle added large open interest yesterday.
- Option sellers are playing for a range of 18000 to 18600.
- We have 7 trading sessions left for expiry including today.
- So theta decay will be fast going ahead.
- DII's and FII's were net sellers yesterday yet we closed at the highest point of the day.
- This continues to be a buy on dip market.
- Nifty might Trade between 18200 to 18400 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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