Skip to main content

Pre - Market Report (20th April 2020)


  1. US markets ended 2% higher on Friday.
  2. Asian Markets look Weak Today.
  3. SGX Nifty is Trading near 9250 as of now.
  4. No Positive news related to Corona Virus Front.
  5. Cases in India are at its Highest almost Every day.
  6. Most Countries have come up with plans to open up their Economy.
  7. Opening up the Economy sounds good but the issue is what if the Cases start to Multiply after opening up the Economy.
  8. HDFC Bank has declared it's Results over the Weekend & the results look Mixed.
  9. Private Banking Index was up 7% on Friday & there was a good amount of short covering in these Stocks.
  10. Too early to say that we have made a Bottom near 7500 on Nifty.
  11. Expect Markets to remain Rangebound for some days.
  12. Markets Seem to be Consolidating in a Range & the best way to trade these Markets is to Trade near the Boundaries.
  13. There might be a RANGE Expansion is this week but for some days Markets Seem to Consolidate.
  14. India VIX has Crashed from it's highest peak level of 84 to almost 42 now.
  15. Fall of 50% in less a Month in India VIX shows Markets have largely Stabilised & the Panic is not as its used to be.
  16. Infosys is likely to come up with it's results today.
  17. Nifty might Trade between 9000 to 9330 Today.
  18. Nifty is facing stiff Resistance near the Zones of 9320-9350 & once this level has breached , we can expect Nifty to go to 9500 Zones.
  19. Expecting India VIX to fall further & Trade below the levels of 35 April End.
  20. Option Buyers should consider the Range , the Market Swings & not be Trapped.
  21. Skilled Traders can make money on both sides in this Ranging Markets whereas UNSKILLED traders will lose Trading on both sides.( Buy & Sell Sides)
  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 (18th August 2022)

U.S Markets closed Flat Yesterday. Asian markets are mixed. SGX Nifty is close to 17940 right now. Yesterday markets broke out of 17900 and now are closer to 18000. 18000 is important as 18000 CE has the highest open interest. Highest amount of calls have been written for 18000 CE strike price. Plus round figures always act as psychological resistance too. Today is the weekly expiry and as of now the range is 17800 to 18000. 17800 is a strong support level and 18000 might act as resistance. Markets will gain steam once 18000 is taken out. Today could be a side-ways expiry. But nothing can be said as markets can always surprise you. IT Index has crossed 30k. Sensex yesterday hit a landmark of 60k. Sensex and Nifty both are now just 3% away from all time highs. So this isnt just a Bull Market , it's a raging Bull Market. India VIX closed below 18 yesterday. Bank Nifty is close to important levels of 40k. Once these important levels are taken out then we move towards all t
Post a Comment
Read more

Pre - Market Analysis (14th September 2022)

U.S Markets closed lower Yesterday. Dow Jones & S&P 500 crashed 4% each. Nasdaq crashed 5% Yesterday. SGX Nifty is indicating a 300 point massive gap down today  Asian markets are lower. Reason is the U.S Inflation data which got released yesterday. Inflation data arrived was at 8.3% . This Data was higher than the expected data. Market wasn't expecting Inflation data to be above 8%. But this data shocked the markets. Yesterday Dow futures were higher till Inflation data was announced. They were higher by 200 points. As soon as Inflation data got announced it spooked the markets  U.S VIX rose 15% Yesterday. Right now Dow futures are slightly higher. 17800 is a strong support for Nifty. It this holds we can expect fall to reduce. Fall shouldn't be drastic if Nifty holds 17800. Yesterday many traders had longs as Nifty closed above 18k. All these traders will be chopped off due to this gap down. Nifty might Trade between 17700 to 18000 today. stockmarketadviso
Post a Comment
Read more