- U.S Markets closed lower on Friday.
- Right now Dow futures are higher.
- Asian markets are mostly lower.
- SGX Nifty is near 17260.
- Suggesting a flat start for the day.
- This Russia - Ukraine issue seems to be blown out of proportion.
- Markets are reacting to every headline news and that's not at all a good sign.
- Slowly we would be forgetting these temporary issues and Market would focus on larger issues.
- 17000 PE & 17500 CE has highest open interest.
- Next 4 days expect the Volatility to be high.
- LIC IPO date has been set to 11th March and even without listing details the Grey Market Premium is lower.
- The timing of this IPO is totally wrong in my opinion.
- The Market I sense is narrowing on the upside and soon downside range could expand.
- We went to 18600 in October , never again we tested it.
- Next high was 18300 , then 17800 etc so the upper levels are reducing.
- Whereas on the lower side we have tested 16800 multiple times.
- So this continues to be sell on rally Market but be careful of large pull backs.
- I feel 16800 should be a very good support for this expiry.
- If you are an investor , it would be a very difficult year to make money.
- Specially in Mid and small caps.
- So do not expect extraordinary returns and park funds into bluechip stocks rather than junk.
- This would reward you in future.
- Nifty might Trade between 17100 to 17400 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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