Skip to main content

Pre - Market Report (18th May 2020)


  1. US markets closed on a Mild Positive Note on Friday.
  2. Asian markets are also Mildly Positive.
  3. SGX Nifty is down 60 Points & Trading Near 9085.
  4. News Came over the Weekend that Lockdown has been extended all over the Country upto 31st May 2020.
  5. On Friday FIIs sold Greater than 2200 Crores.
  6. The FII Data Clearly Indicates that they havent liked the STIMULUS package from the Government.
  7. On Friday , Nifty again had a Retest of 9050 but reversed from there.
  8. Market is in a Consolidation Mode in May Series & Boundaries are not easy to be taken away.
  9. Meanwhile Reliance Industries has bagged another Cheque from General Atlantic (U.S Company ) for 1.3% stake in Reliance values at ₹6598 crore.
  10. This is the Fourth Cheque bagged by Reliance from the beginning of this Lockdown.
  11. Reliance is a stock which everyone should have in their Long Term Portfolio & can start Accumulating on small Declines / Dips.
  12. Markets are not ready to React on any Short term news being thrown on it for now.
  13. Currently , Im neither Bullish nor Bearish.
  14. If we get a closing below 9000 or above 9500 on Nifty then I will turn Bearish or Bullish.
  15. As Long is this Range Continues I am Neutral.
  16. Surprisingly , even when Markets are Negative the Call Premiums are Significantly higher Compared to Put Premiums.
  17. This Indicates that we might not fall Significantly from here.
  18. Sold 210CE , 200CE , 190 CE &150 PE for SBI May Series.
  19. The Trade now is to play for a Reversal in Nifty from it's lower Range of 9000-9050.
  20. If these levels are taken out in Intraday and we get a closing below 9000 then we can expect more Bearishness.
  21. Bought 9200 CE , Sold Double the Quantity for 9400 CE.
  22. Defence & Aviation Stocks might be in focus today as Economic Package contained some positive Outlook towards those Sectors.
  23. Bajaj Finance , Finserv are likely to Announce Results this week.
  24. 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 (2nd Feb 2022)

1 U.S Markets closed lower Yesterday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is down 150 Points. 5. Yesterday was the Fed event in U.S 6. It was expected that they would raise rates by 25 basis points. 7. The same happened yesterday and in spite of that Markets crashed yesterday.  8. Yesterday was a highly Volatile day. 9. Markets were all over the place yesterday.  10. Before the budget , markets were higher. 11. During the budget , markets were flat. 12. After 1 pm markets were at the peak of Volatility.  13. Bank Nifty was down 1000 points by 2.45 pm. 14. In next 30 minutes it recovered all of its losses. 15. The budget was neither good nor bad. 16. The income tax slabs have been revised but also the insurance benefit has gone. 17. All the Insurance companies crashed yesterday.  18. This is a structural change coming out of budget now. 19. Adani stocks crashed yesterday.  20. So clearly there was valuation over hang which is gettin
1 comment
Read more

Nifty hits 17k (15th March 2023)

1. U.S Markets closed higher yesterday.  2. Right now , U.S Futures are lower. 3. SGX Nifty is up 80-100 points. 4. Asian markets are mixed. 5. There has been 4 days of relentless selling in our Markets  6. The reason doesn't seem to be Banking collapse in United States. 7. U.S Markets have settled after a knee- jerk reaction. 8. Our Markets haven't settled yet. 9. This isn't a selling like the previous ones. 10. Previously FII's used to target few nifty stocks  11. Used to sell them and create panic. 12. This selling is now an all around selling. 13. Broader Markets have been bleeding extensively. 14. There is pain all around. 15. Now 17300 becomes a very important resistance. 16. Nifty might retest 17300 and then break 17k. 17. Markets won't collapse in a hiff.  18. There would be intermittent rallies in between to take weak shorts out. 19. FII's have now been selling aggressively.  20. Nifty might trade between 17000 to 17300 today. 21. stockmarke
Post a Comment
Read more