Skip to main content

Pre - Market Report (20th March 2020)



  1. US markets have Stabilises Yesterday & for the first time in last 10-15 Trading Sessions it has not moves more than 5%.
  2. Asian markets are all positive.
  3. SGX Nifty hit a low of 8000 yesterday night, now trading almost flat.
  4. Yesterday our markets experienced worst volatility.
  5. In first 3 minutes Bajaj Finance fell 20%, then shot up 20% only to fall 10%.
  6. 50% move in just one trading session, that too for a bluechip stock.
  7. Same was the case with many other stocks like HDFC Twins, Kotak Bank etc.
  8. Nifty fell 700 points then shot up 700 points and then fell 300 points.
  9. That is a total swing of about 20%.
  10. FIIs continue to sell at an amount of 4000 to 5000 crore.
  11. This kind of selling has not happened even in 2008.
  12. Now commodities also moving violently.
  13. Crude down 25% one day, 25% up next day.
  14. Coming to today's trade. I am expecting some Recovery/ short covering today.
  15. PM hinted some stimulus by saying 'Economic Task Force" headed by FM.
  16. Govts all over the world are taking some steps.
  17. So it will make sense for short sellers to cover the shorts today (and to short again on Monday morning) so as to avoid loss due to any big gap up.
  18. They are not likely to lose, as markets are at very low level, possibility of gap down is very low.
  19. Though markets were very bad, stocks like HDFC Bank closed in Green yesterday.
  20. Moreover, we can expect LIC to enter again today afternoon, to support the market.
  21. We have fallen almost 4400 Points on Nifty from it's all time high of 12400. Won't be Surprised if we can recover for 500-600 Points from here on.
  22. Incremental Shorting is not Adviced at current levels as your risk / reward doesn't favour.
  23. Trading for a Bounce / Pullback rally has risk /reward ratio of 1:3 which I prefer to Trade.
  24. However , im a Trader and I may be Wrong and have every right to change my Positions when I am wrong , so if my plan is not being respected by the Market I may alter it.
  25. Finance Minister may at anytime announce STIMULUS PACKAGE for Corona Virus this Weekend. Also there would be a whole lot of news related to Corona Virus so always Adviced not to carry fresh Positions over the Weekend.
  26. stockmarketadvisory.in

Comments

Post a Comment

Popular posts from this blog

Pre - Market Analysis (30th Jan 2022)

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
Post a Comment
Read more

Pre - Market Analysis (2nd Feb 2022)

1 U.S Markets closed lower Yesterday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is down 150 Points. 5. Yesterday was the Fed event in U.S 6. It was expected that they would raise rates by 25 basis points. 7. The same happened yesterday and in spite of that Markets crashed yesterday.  8. Yesterday was a highly Volatile day. 9. Markets were all over the place yesterday.  10. Before the budget , markets were higher. 11. During the budget , markets were flat. 12. After 1 pm markets were at the peak of Volatility.  13. Bank Nifty was down 1000 points by 2.45 pm. 14. In next 30 minutes it recovered all of its losses. 15. The budget was neither good nor bad. 16. The income tax slabs have been revised but also the insurance benefit has gone. 17. All the Insurance companies crashed yesterday.  18. This is a structural change coming out of budget now. 19. Adani stocks crashed yesterday.  20. So clearly there was valuation over hang which is gettin
1 comment
Read more

Nifty hits 17k (15th March 2023)

1. U.S Markets closed higher yesterday.  2. Right now , U.S Futures are lower. 3. SGX Nifty is up 80-100 points. 4. Asian markets are mixed. 5. There has been 4 days of relentless selling in our Markets  6. The reason doesn't seem to be Banking collapse in United States. 7. U.S Markets have settled after a knee- jerk reaction. 8. Our Markets haven't settled yet. 9. This isn't a selling like the previous ones. 10. Previously FII's used to target few nifty stocks  11. Used to sell them and create panic. 12. This selling is now an all around selling. 13. Broader Markets have been bleeding extensively. 14. There is pain all around. 15. Now 17300 becomes a very important resistance. 16. Nifty might retest 17300 and then break 17k. 17. Markets won't collapse in a hiff.  18. There would be intermittent rallies in between to take weak shorts out. 19. FII's have now been selling aggressively.  20. Nifty might trade between 17000 to 17300 today. 21. stockmarke
Post a Comment
Read more