- U.S Markets closed higher on Friday.
- Friday first half U.S Markets were volatile.
- In 2nd half Markets rocketed higher.
- Right now , Dow futures are lower.
- SGX Nifty is close to 18300.
- We are opening with a good gap up today.
- Asian markets are mixed.
- SBI has announced its results over the weekend.
- Results seem good but the stock has already scaled higher.
- Stock has already touched its 52 week high
- On the results day , movement of the stock depends on the demand & supply.
- It doesn't depend on how the results are.
- Next big event is the Inflation numbers of U.S.
- Until then Markets are trading based on momentum.
- Tomorrow is a stock market holiday.
- So traders won't like to carry positions today.
- Markets have turned extremely bullish from October.
- November has also started with a bang.
- I'm trailing stop-loss in long positions of futures.
- And shifting put sell options.
- Nifty might trade between 18150-18400 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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