- U.S Markets closed higher on Friday.
- Right now Dow futures are crashing.
- SGX Nifty on Friday was up 300 points.
- Right now it's down 400 points.
- Worrying sign is India VIX above 30.
- This war news doesn't seem to end soon and this is causing lot of jitterness globally.
- Reports have been out suggesting Ukraine isn't ready to talk and keep down their arms.
- This has triggered another negative sentiment globally.
- Until and unless this war settles , markets would be reacting on every headline news.
- This would increase the Volatility manifold and would further create problems to trade.
- The best suggestion as of now is to stay away from Market for a while.
- Let this Volatility settle , let the Market settle and then you can always trade.
- As nobody knows what news could pop out and make markets even more reactive.
- Tomorrow we have a trading Holiday and it's advisable not to carry positions over the day.
- If you are trading it's better to settle Positions Intraday only.
- There's every possibility of Market cracking even more so long term investors should not hurry.
- It's advisable to wait for a further dip and then keep shopping bags ready.
- Good Quality stocks can be very well accumulated on declines.
- Nifty might Trade between 16200 to 17000 for this march 3rd expiry.
- Right now predicting Intraday range is next to impossible.
- 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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