- U.S Markets closed lower in previous two trading sessions.
- Asian markets are lower.
- SGX Nifty is down 350 points near 17500.
- Now why such huge gap down?
- I don't know. Infact nobody knows.
- Everybody is just guessing as of now.
- Tuesday was a shocking and surprising market move.
- Markets kept on rallying higher and higher without any corresponding news.
- It took everybody including me by surprise.
- Now this gap down is another surprise.
- Option sellers specially naked sellers are having a very painful time.
- Thank fully we just have spreads and no naked positions.
- Volatility is getting out of order now.
- That too when it happens with huge gap openings.
- After such huge gap down , shorting goes out of order.
- Look to buy once 17500 is crossed on Nifty with a stop at days low.
- Do not carry positions in these kind of markets.
- FII's bought heavily on Tuesday.
- This could be an eye wash so they could load higher junk to retail in future.
- Im very skeptical about Tuesdays move and also today's gap down.
- Sometimes , overthinking doesn't help and accepting markets the way they are is the only solution.
- Switch off your brains and trade price action , risk reward that's the only suggestion.
- Nifty might Trade between 17350 to 17700 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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