Skip to main content

Pre - Market Report (24th April 2020)


  1. US markets closed Negative Yesterday after Trading Positively for the first half.
  2. Asian Markets are all Trading Negative.
  3. This is due to the News released by WHO, that Gilead drug has failed for the Corona Virus Trial.

  4. Just a few days back all the World markets were up as Gilead claimed that its drug Remdesivir can be used to cure Corona Virus infection.
  5. SGX Nifty is now -1.5% & Trading below 9180.
  6. Yesterday as well , Nifty failed to break 9350. 
  7. Now Nifty has failed on 4 Occasions to break the Stiff Resistance of 9350.
  8. Volatile moves continue to be Witnessed between 8800 and 9350 for Nifty.
  9. Franklin India has wound up 6 Debt Schemes due to Illiquidity in the Bond Market.

  10. Most Investors feel Debt Funds are a better alternative to Fixed Deposits & infact Debt Funds offer high return.
  11. Debt Funds are highly risky as one needs to carefully Analyse which Bonds has the Debt Scheme Invested into.
  12. Debt Funds are less risky as Compared to Equity is a Myth & it has been busted today.
  13. Debt issue began in 2018 when Blackrock sold DHFL bonds. Then started Idea Bonds.
  14. This Debt Fund issue of Franklin could have an Estimated impact of more than 28000 crore.
  15. Talks for Economic Package are still going on but as far as I am concerned I don't expect anything Extraordinary from the Government on the Economy front.
  16. As all the Resources , Funds etc have been used up in the Health Sector to Tackle Corona Virus.
  17. Markets do not Seem to be coming out of this Range of 8800 & 9350. 
  18. Best Trade remains to be Patient , let the Market come in your Zone & Trade near the Boundaries.
  19. Do not carry any Positions home over the Weekend.
  20. There remains a lot of room to surprise you over the Weekend and its impact can be Witnessed on Monday.
  21. Asset Management Companies could be under Pressure today those who have high Debt Exposures. Can Explore Shorting Opportunities on this Front.
  22. When you have both the Fundamentals & Technicals in Support of you. Then the chances to fail are less likely.
  23. Nifty might Trade between 9000 & 9350.
  24. Bank Nifty might Trade between 19200 to 20500.
  25. stockmarketadvisory.in

Comments

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

U.S Markets firing 🔥 (8th Feb 2024)

1. U.S Markets closed higher Yesterday. 2. U.S Markets are trading at their all time high on daily basis. 3. S&P 500 is now at 5k. 4. This has been a stellar show across the globe. 5. We have an Election Year in the U.S as well. 6. As you might not be aware more than 45% U.S citizens invest in stock market. 7. So for the Government to have a good impression and to gain vote Bank stock market have to be kept higher. 8. Government and FED will do what all they can to keep pro markets  9. Bank Nifty showed signs of comeback yesterday but the rally failed again. 10. Largecap stocks continue to underperform whereas Mid & Small caps continue to soar new highs. 11. Once a trend develops in the markets it can go on for a long time than expected. 12. Interestingly , I was doing some number crunching yesterday and found that small & mid cap companies have given better than expected results than large caps. 13. Most of the large caps have disappointed. 14. Star of the pack

Reversal from 20k (24th July 2023)

1. U.S Markets closed lower on Friday. 2. Dow Jones was flat. 3. Nasdaq was the underperformer. 4. Gift Nifty is down 30-40 Points. 5. Asian markets are mostly lower as well. 6. Friday the Nifty opened with a gap down of 200 points. 7. Within the next 10 minutes , Nifty recovered 100 points. 8. Bulls expected recovery is on the cards but Nifty started to Crack. 9. Bank Nifty was holding up Nifty for most of the while. 10. It couldn't be able to provide much of a support and Bank nifty also began to correct. 11. The issue now is market has had vertical rallies. 12. One way quick rallies so now the downfall will also be vertical. 13. When markets go up quick , they come down quicker. 14. Infy dragged the mood and also HUL didn't post extraordinary results so it was also a laggard. 15. Banks tried hard to hold the markets but couldn't. 16. Over the weekend , AU Bank and icici bank reported very good numbers. 17. These banks have already rallied a lot before results