- U.S Markets closed higher Yesterday.
- Asian markets are higher right now.
- Dow futures are up 100+ Points.
- SGX Nifty is up 200 points
- Yesterday market opened with a gap down.
- But this gap down was bought into immediately.
- Within first hour market turned green.
- Consolidated and slowly moved upwards.
- Once again yesterday, market closed at the highest point of the day.
- Bank Nifty too witnessed the same
- Yesterday 16300 CE had the highest open interest.
- All these traders shifted to 16400 and they will be trapped again after today's huge gap up.
- I've been repeatedly saying the worst is over and markets will surprise you on the upside.
- If you are following the same you must have good money.
- FII's were also net buyers for 980 odd crores yesterday.
- This is a raging Bull Market rally that's killing shorts.
- After 16400 , 16500 and 16800 open up.
- Do not fight with the Market , just go long near supports and dips.
- Yesterday I had mentioned that sideways movement will be good to be long in the Market.
- Nifty might Trade between 16400 to 16600 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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