Skip to main content

Pre - Market Report (29th April 2020)

  1. US markets closed in a Flat Terrain Yesterday.
  2. Asian Markets are also Mostly Flat.
  3. SGX Nifty is about 30-40 Points higher trading near 9440.
  4. Bank Nifty Outperformed Nifty Yesterday.
  5. Yesterday Market Opening , Nifty was Flat whereas Bank Nifty was up 300 Points.
  6. The reason is IndusInd Bank , Inspite of Posting Bad Results stock rallied 17% Yesterday.
  7. IndusInd Bank Profits fell more than 75% but still it was the Star Performer Yesterday.
  8. I always say it's very Difficult to predict and trade on results because Market gives Unexpected Movement.
  9. Many Short Positions were built in IndusInd Bank as all were Expecting negative results.
  10. All the Shorts were taken to cleaners and due to short covering the stock rallied even more.
  11. Axis Bank Declared results Yesterday & the results were average.
  12. Any Big Movement on this stock will again have an Impact on Bank Nifty.
  13. As Im been saying from quite some time now , i dont expect to go much lower in this Expiry.
  14. Economy is Weak , Corona Virus cases are rising but Markets are rising , how?
  15. Well this remains the Question that most people want an answer for. If you want to know the Detailed answer WhatsApp me Personally at 07719887348 ill make a seperate Blog on this.
  16. So our Job as a Trader is to understand the message what market has to offer and the message is simple , this is a buy on dip market.
  17. This is not a runaway Market in which Market keeps making highs everyday. Slow trending upward market which is giving good Opportunities to enter into.
  18. Higher Range of 9400 was crossed Yesterday so Markets can go to 9500 from here.
  19. Keep building your Positions on dips & wait for the Markets to reward you on the up side.
  20. Shared SBI Expiry STRATEGY Yesterday and that Strategy is working quite well now.
  21. We are already in 3rs profit per lot & would look to exit it today with around 4rs profit per lot today.
  22. Holding on it on Weekly , Monthly Expiry might turn risky as Stocks can give big Moves due to Expiry.
  23. Bought 9500 CE , sold 9550 CE , 9600 CE , 9650 CE. 
  24. Sold 9000 PE , 8950 PE , 8900 PE , 8850 PE , 8800 PE.
  25. All my Trades are of April Expiry only.
  26. Nifty is likely to trade between 9300-9500 today.
  27. India VIX continues to fall & is now below 38.
  28. Most of the times the Trend on the first few days of Expiry continues till the Expiry.
  29. Trade on the Message which your Trading Screen & Markets are giving & not whats going on in your Head.
  30. stockmarketadvisory.in
  31. Reminder - WhatsApp me Personally at 07719887348 if you want me write a Blog on " WHY MARKETS ARE HEADING HIGHER EVEN WHEN THERE IS EXCESSIVE NEGATIVE NEWS " will make a seperate Blog on it If I see Considerable sum of people are Interested for the same.


Comments

Popular posts from this blog

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

Consolidation (2nd August 2023)

1. U.S Markets closed mixed Yesterday.  2. Dow Jones closed mildly in Green. 3. Rest of the indices closed lower. 4. Right now , Dow Futures is lower. 5. Gift Nifty is down 40-50 Points. 6. Asian markets are mostly lower as well. 7. It's a sort of Consolidation going on in the markets. 8. Markets are trading flat in between 19600 to 19800. 9. Within this range , Nifty is swinging like a pendulum. 10. Bank Nifty range is 45300 to 45800. 11. Both the Indices are moving at tandem. 12. Yesterday's expiry was quite flat. 13. FIN Nifty traded flat for whole of the expiry. 14. All option buyers in FIN Nifty lost huge. 15. Markets are likely to consolidate for few more sessions. 16. 19600 is the buying zone. 17. 19800 is the selling zone. 18. Unless we don't get any signs of range breakout we won't have to take one side view  19. Nifty might trade between 19600 to 19800 today. 20. Post this fed rate hike markets have become dizzy. 21.  stockmarketadvisory.in