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 (13th October 2022)

U.S Markets closed mixed Yesterday. Dow futures are slightly higher right now  Asian Markets are mixed. Indian Markets are highly volatile between 16750 to 17400. Within this range markets have been making wild swings. Yesterday Nifty did retest 16950 and bounced back sharply from there. Yesterday it was a sharp recovery and Nifty closed at the highest point of the day. Today we have weekly expiry. Generally weekly expirys are volatile. 16950 to 17200 is the range for expiry. In case if we break any of the levels then we might get a larger move during the day  HDFC Bank will be delivering the results this weekend  Banking stocks are expected to deliver good results  Yesterday both the IIP and Inflation data came at negative. Inflation rose to 7.4% and Production also has recuced. So it's a double whammy on both fronts . Next leg of move will be decided by the results of the company's. Until then market is likely to stay sideways. Nifty might Trade between 16950 to 1
Post a Comment
Read more

Pre - Market Analysis (3rd November 2022)

U.S Markets closed lower Yesterday. Right now Dow futures are higher. SGX Nifty is down 150 points. Asian markets are lower. Yesterday there was a Fed event in U.S Markets. General expectations were an increase of 75 basis points  Exactly the same happened and at 11.30 markets recovered sharply from lows  Then at 12 as Fed governer started speaking , it was a complete Hawkish statement. This induced lot of volatility and also selling pressure. U.S Markets closed at the low point of the day. Dow Jones fell 500 points. Although all this happened, U.S VIX didn't shot up It stayed flat. HDFC Bank ADR was down 2% yesterday. This could bring pressure in Bank Nifty. However I feel yesterday was an over reaction in U.S Markets. Markets should stabilize from today. 18000 is a strong support for the day. Previously as well many times Nifty went above 18k but couldn't sustain. Nifty might Trade between 17900 to 18150 today. stockmarketadvisory.in
Post a Comment
Read more