- U.S Markets closed flat Yesterday.
- Right now Dow Futures are slightly higher.
- Asian markets are mixed.
- SGX nifty is up 10-20 points.
- Yesterday , once again it was a mayhem in Technology stocks.
- Snapchat's Quarterly results missed estimates and expectations and the stock fell 40% in a single day.
- Indian markets are much better.
- Here the stock goes down by 10% but in U.S there is no limit.
- Nasdaq again witnessed heavy sell off yesterday.
- Divis Lab day before yesterday declared fantastic results but stock fell 10%.
- This tells you the sentiment of the market.
- Market is clearly in a mood to sell off where there's any negative news.
- In 2020 , the Market was exactly opposite.
- Even Bad results stocks were shooting up like no tomorrow.
- 2022 the Market is exactly opposite.
- This tells you that it's important to judge the trend of the market.
- Yesterday for no reason India VIX has gone up by 10%.
- This is a worrying sign that just before expiry without any incremental negative news VIX shooting up in double digits.
- This suggests a big move could be coming closer to expiry.
- In the May month on all weekly expiry days , Nifty has fallen more than 200 points and mostly with a gap down.
- Traders are expecting this trend to continue for the monthly expiry as well hence put Options are trading are huge prices.
- Nifty might Trade between 16000 to 16300 today.
- If 16000 breaks then we may retest 15750 in a couple of days.
- 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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