- U.S Markets closed higher Yesterday.
- Dow futures are higher right now
- Asian Markets are higher.
- SGX Nifty is up 180-200 Points.
- We will have a gap up opening today as per SGX.
- Yesterday was the day of Bank Nifty.
- All the Banking stocks zoomed yesterday and Bank Nifty flew.
- Reason was the results of Mother Bank , HDFC Bank.
- When the leader of the pack announces fantastic numbers , it's implied that the pack would also declare good results.
- U.S VIX crashed 5% Yesterday.
- Expecting India VIX to close below 18 today.
- India VIX below 18 is safe.
- Below 15 is super safe.
- 17500 is a crutial level to watch out for.
- As this is the upper band of the range , a close above this would indicate further strength and momentum in the Markets.
- Bank Nifty is likely to outperform Nifty for this expiry.
- Will exit all my longs on today's gap up.
- Would build fresh longs only on a close above 17500.
- Nifty might Trade between 17300 to 17600 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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