- U.S Markets closed lower Yesterday.
- Right now Dow futures are higher.
- SGX Nifty is up 100 points.
- Almost everyday since last 7-8 trading sessions we are opening with a gap up.
- We open with a gap up , consolidate throughout the day
- Last 1 hour market almost closes at the highest point of the day.
- This has been the ongoing trend.
- India VIX is now below 16 decisively.
- Today there's every Possibility it could slide below 15.
- India VIX below 15 indicates Bull Market.
- Yesterday as well there was no Intraday Volatility throughout the day.
- Markets were trading with a Positive bias throughout.
- Bank Nifty is underperforming Nifty.
- Yesterday was the day of HDFC twins.
- Yesterday seemed as if FII's have covered their aggressive shorts.
- Both the counters were outperformers in large cap space yesterday.
- FII's net buy for 4000 crores yesterday.
- This is the highest net buying figure of FII's in the year 2022.
- When FII's turn buyers they continue to buy and buy.
- They keep pumping in huge funds without bothering which level the markets are trading.
- FII's are Momentum traders whereas are value hunters.
- DII's would look to book profits at highs to allow FII's to buy more.
- If FII's stay net buyers for today as well it will be confirmed that Yesterday's buying was not a one day event.
- All time high is in sight soon.
- Nifty might Trade between 17950 to 18250 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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