Skip to main content

Pre - Market Report (13th April 2020)


  1. US markets were up 2% on Thursday. Friday was a Universal holiday on account of Good Friday.
  2. Asian markets are Trading flat.
  3. SGX Nifty is likely to open on Negative side by around 0.5% .
  4. Lockdown is likely to be Completely Extended in India. Official Announcement from the Central Govt is awaited.
  5. People's Bank of China has acquired 1% stake in HDFC Ltd.
  6. We have Witnessed a reversal rally in Indian Stock Markets and this rally seems to be peaking out near 9400-9500 levels.
  7. Fitch Ratings on Friday lowered India Growth Forecast to 2% . 
  8. This is the lowest for last 30 Years.
  9. Investors should look for Companies which will survive this Crisis. 
  10. 50% of the listed Companies would be out of Business. Choose Quality Companies & stick to it.
  11. I wont be Surprised if Investors get Negative returns for at least an Year from here as things look seemingly poor on Economy front.
  12. Investors should be prepared for at least 1-2 Years of Underperformance & stick to companies with good Dividend Yield and Great Businesses as these will Outperform.
  13. Those who entered near 7500-8000 on Nifty and Deployed cash can start booking profits near 9200-9300 on Nifty. 
  14. I Personally would start booking some profits and will be waiting for lower levels to deploy more.
  15. All the World Markets have become Stable after a horrendous month of March. 
  16. On Thursday , Nifty broke & Sustained above the Important level on 9000. 
  17. If 9000 Sustains on Nifty for first half of Trading , I expect to close higher for today( Intraday basis) & today as well 9000 is a key level to watch out for.
  18. So trade is open on the higher side provided 9000 on Nifty isnt breached.
  19. If 9000 is breached and Sustained then one could explore short positions by finding next support and Resistance levels.
  20. Do not trade in first 1 hour of Markets today. Watch the Markets and Understand what the Markets up to. When you get an idea it's Advisable to trade.
  21. FMCG , Consumption & Insurance Stocks are performing well and are likely to extend their gains as well. So Equity traders can look for long Opportunities on this front.
  22. Almost all the Market Participants already knew that Lockdown would be Extended. So this is not an Incremental Negative news and I dont think markets would react to the same.
  23. As there are only 3 days for this Expiry ( Tomorrow is a Market holiday) option buyers are advised to stay cautioned. Exit your positions on Intraday basis and do not carry them for today.
  24. Expecting this Weekly Expiry to be between 8500 & 9500.
  25. Also Expecting Markets to Consolidate and not provide big moves in April Series as was Witnessed in March Month. So deep OTM Options might turn out to be risky.
  26. Reminder : Do not link Corona Virus news ( Deaths , Positive Cases etc)with Markets now. Markets Seem to have absorbed all of it and now only any Major Incremental News ( extending Lockdown etc) would only impact the Markets. 
  27. Consult your Financial Advisor & Trade on your own risk. 
  28. stockmarketadvisory.in

Comments

Post a Comment

Popular posts from this blog

BJP Falls short of Majority (5th June 2024)

1.U.S Markets closed higher Yesterday  2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically.  9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country. 20. Com
Post a Comment
Read more

Global Shock !! (6th August 24)

1. U.S Markets closed lower YESTERDAY.  2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation.  11. All these news have spooked the Global Markets.  12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday.  14. Although it doesn't impact us at all  , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive  16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low to the low for A
Post a Comment
Read more

Global Markets Mayhem !! (5th Aug 24)

1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20.  stockmarketadvisory.in
Post a Comment
Read more