- U.S Markets closed lower on Friday.
- Asian markets are mostly lower.
- Dow futures are slightly higher right now.
- It was a Quadruple witching day in U.S
- This is the day where the Stock futures , Index futures , Option Contracts etc expire on the same day.
- This happens for 4 times in an Year.
- On this day markets are extremely volatile.
- Markets have now turned Bearish.
- There has been some news going on regarding Russia - Ukraine war as well.
- Missile explosions have aggrevated as well.
- Insiders knew about this news on Thursday itself.
- They started to sell.
- We came to know about this on Friday afternoon.
- Markets have closed at the lowest point of the day on Friday.
- Also it was the lowest point of December month.
- This indicates the trend has turned bearish.
- 18200 is the immediate support for now.
- Once 18200 is taken out the next support is at 18000 only.
- Nifty might trade between 18120 to 18420 today.
- A bigger range for the day as Markets have turned Volatile.
- 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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