Skip to main content

Pre - Market Report (22nd April 2020)


  1. US markets ended 2% lower Yesterday.
  2. Asian Markets are also Trading Negative.
  3. Brent Crude is now below $20 per Barrel.
  4. SGX Nifty is now Trading Near Yesterdays low ie , 8900.
  5. Yesterday Reliance recovered 7% from lows & Stabilised the Markets by the day end.
  6. Today , there is news that Facebook is going to acquire about 10% stake in Reliance Significantly to cut Debt.
  7. Talk of the Town is Reliance Industries & it will be under the radar for Today's Trading Session.
  8. Financial Companies ( Banks , NBFC's) are in a Bear Market of their own.
  9. Bajaj Finance was down 10% Yesterday after already witnessing a 50% cut from it's All time high.
  10. Insiders know certain things from before & price action on the Stock happens before we hear the news in Indian Stock Markets.
  11. U.S Markets previously recovered more than 50% from retracement levels.
  12. Indian Stock Market retracement comes near about 9800 on Nifty.
  13. Markets are Still Rangebound & have been Trading in a Broad Range of 8800-9350 on Nifty.
  14. Today , the Bias is more on the Negative side but Reliance will continue to hold Nifty from falling sharply.
  15. Trump Suspends Immigration Temporarily for 60 days.
  16. We are in a very Weak Market.
  17. There is Absolutely no Follow through , Markets are highly Sluggish & Rangebound.
  18. The way to trade these Markets is to not hold your Positions for too long & wait for Follow through.
  19. Keep Booking Profits as you get.
  20. Holding your Positions for long when Markets are in a Rangebound zone can reverse the Markets sharply.
  21. Reduce your Position sizing to 66% than what you do Normally.
  22. This way you can manage the risk of being Chopped from the Market.
  23. Nifty might trade between 8800 to 9100.
  24. Yesterday I mentioned that once if 9000 breaks we might Witness 8800 in few trading Sessions.
  25. Once needs to Develop Extreme patience , focus on Trading on either side ( Buy or sell) & wait for your levels to come.
  26. If you dont follow it , chances are you will be Trapped on both sides.
  27. 8900 was Witnessed Yesterday & the above view still holds good.
  28. stockmarketadvisory.in
  29. WhatsApp me Personally at :-https://wa.me/917719887348

Comments

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

Pre - Market Analysis (16th June 2022)

U.S Markets closed higher Yesterday. Right now Dow futures are higher by 140 points. Asian markets are higher. SGX nifty is indicating a gap up opening. Yesterday as anticipated Fed increased the interest rates by 75 basis points. This is the largest increase since 1994. There was a relief rally due to the same in U.S market and U.S VIX crashed 10%. How long will this relief rally go on is a big question. Our Markets were terrible yesterday. Everybody is shorting left , right and center. Yesterday all Put options premiums raised in last 30 mins. Even 15200 PE which is 500 points away from spot rose from 4rs to 13rs. Today we might get some short covering as we open and even head higher. 16000 should be a firm resistance for the day. I won't chase this gap up because when Market reverses it's with great speed. I'll look to short near 15950-15980 with a stoploss of 16020. In Bear markets the rallies sre quite ferocious but again markets make fresh lows. So remembe

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