- U.S Markets closed mixed Yesterday.
- It was a high volatile session in U.S Markets Yesterday.
- Similar was the situation for Indian Markets yesterday.
- U.S Markets were up 300 points at one point of time and then they tested swing lows finally closing mixed.
- Indian Markets yesterday crashed in last hour and closed below 17k.
- India VIX shot up above 20 yesterday.
- Put premiums of all monthly options doubled in last hour itself.
- Such severe was the fall.
- SGX Nifty is now up 30-40 points
- Asian markets are majorly lower
- Today we will be having U.S Inflation numbers
- These could make or break the markets.
- Upto some extent I expect markets have factored in the same.
- Relief rally can be expected with possibility of a small downside.
- All the Bluechip stocks got sold heavily yesterday.
- IT Stocks opened higher after TCS results but got sold off during the day.
- Bank Nifty outperformed Nifty yesterday.
- I used yesterdays fall as an opportunity to sell monthly Puts 16400 and below.
- Expect U.S VIX to fall after Inflation numbers as well
- This could erode a large of option premiums.
- Nifty might Trade between 16950 to 17200 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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