- U.S Markets closed higher yesterday.
- Asian markets were higher yesterday.
- Right now Dow futures & Asian markets are mixed.
- SGX Nifty is up 300 points.
- Yesterday we had a fantastic rally all over the World.
- All the World Markets have rallied heavily.
- All the markets on an average are up 3-5%.
- We also had participated in the same yesterday.
- War fears are declining and a compromise arrangement is being made
- This is cooling off all the commodity stocks
- Plus pumping in fresh liquidity.
- Today we have expiry plus we have election results.
- Both these events will bring in huge Volatility into the Markets
- 16800 is a very important resistance.
- Until this gets taken off I will look to sell rallies.
- Everything is not good yet and Inflation and rate hike is still round the corner.
- These could be relief rallies and Market could be normal after the same.
- Today's action totally depends on the election verdict.
- VIX crashed 4% yesterday.
- If results come pro Market then expecting it to crash further 4-5% today.
- Nifty might Trade between 16400 to 16800 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
Comments