Skip to main content

Pre - Market Report (23rd March 2020)


  1. US markets were down 7% on Friday & almost all the Global Markets were down 6-7% on an Average.
  2. Asian Markets are also Negative.
  3. SGX Nifty indicating a 12% +(1050 Points) Cut in Pre - Open itself.
  4. That means we are going to open at a Lower Circuit Today. Every Possibility that we can go 20% lower Circuit today.
  5. The Financial Sector is going to get Impacted the most.
  6. Every business is down , Individual people who have taken loans etc will not be able to pay their EMI's so they will be Unable to repay the loans. Financial Sector will be Impacted the most in this kind of Scenario.
  7. Recession has already begun in the World Economy. We could be heading to a Great Depression as was done in Year 1930.
  8. Government seems to be Focusing only on the health issues of the Country & not focusing on the Economy Front.
  9. Previously , before Corona Scares we were Struggling on the Economy front now Corona Virus is a double whammy for Dalal Street.
  10. FIIs continue to sell at an amount of 4000 to 5000 crore.
  11. This kind of selling was not Witnessed even in Year 2008. First time I have Witnessed Markets down 40-50% in a Month.
  12. 8000 was the Support on Nifty & we are opening below the Support level today.
  13. 7500 is the next Support on Nifty.
  14. Shorting is not advised as we are opening at lower Circuit itself. Buying is not Advised as we may hit 20% lower Circuit as well. So nothing to do in the first half of the Markets.
  15. Look for a Momentum & rally in 2nd half of today's trading Session. Like Previously, if LIC enteres the Market after lower Circuit , we may witness recovery today.
  16. I had advised on Friday not to carry any Positions because Anything might happen over the Weekend. So its not Advisable to Gamble for Pre open moves.
  17. I will not be doing Anything in the first half of today's session , will see for a clear Direction and Trend and will trade the same.
  18. However if the picture is not clear after first half also I will be sitting out.
  19. Receiving many texts as in which type of Stocks should one Invest in these type of Markets. I would advice you to stay out of Financial Sector now. Just heard the Management Commentory of IDFC first Bank on Friday as the Management sold 2.5 Crore shares & when asked the reason for the same they mentioned that they have to pay loans so they have sold their share & their Business is not at all Impacted by Corona Virus.
  20. This is Rubbish , Management wants to exit their shares and they want people to buy their shares. Every Financial Company will be Impacted by this Onslaught. Do not believe any Management saying ALL IS WELL " & Business is Normal.
  21. Consumer Sector & FMCG Sector would be safe bets as of now.
  22. 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