Skip to main content

Pre - Market Report (19th May 2020)

  1. U.S Markets closed 3% Positive Yesterday.
  2. Asian Markets are also Mostly Positive.
  3. SGX Nifty is Trading near 9000.
  4. The Reason of this Global Market rally is because Moderna Inc. a Bio Technology company declared that its Vaccine has got positive results in Corona Virus testing for earlier Stages.
  5. Yesterday all the World Markets were positive but our Markets Crashed 3%.
  6. Bank Nifty was even worse and crashed 6.5%.
  7. The Bluest of Bluechip Stocks were taken to cleaners Yesterday with huge selling pressure.
  8. NBFC stocks Crashed by more than 15%.
  9. FII'S and DII's were net sellers Yesterday and have sold more ₹2500 Crores combined.
  10. Clearly the Markets havent liked the Economic STIMULUS Package announced by the Government.
  11. The reaction was ferocious and was Clearly visible Yesterday.
  12. There was huge Volatility Yesterday and Option Premiums were Trading at high Premiums.
  13. India VIX shot up 9% Yesterday.
  14. U.S VIX fell 10% Yesterday and is now below 30.
  15. Markets are likely to Consolidate today and Nifty might again enter the range of 9000 to 9500.
  16. Bank Nifty seems to be the Weakest of the Two Indices.
  17. 8780 is a Good Support for Nifty and it found Support near those levels Yesterday.
  18. If this level breaks then we might Witness 8650 very easily.
  19. If Markets go into the 9000-9500 range , spends time and consolidates then we might some short covering as well.
  20. Bajaj Finance is coming up with it's results today.
  21. Nifty might Trade between 8900 to 9070 today.


Popular posts from this blog

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

SVB Bank crisis Unfolds (13th March 2023)

1. U.S Markets closed lower on Friday. 2. Right now , U.S Futures are higher. 3. SGX Nifty is up 20-40 points. 4. Asian markets are higher. 5. I wasn't able to understand why were the markets crashing on Thursday & Friday. 6. During the weekend the news broke over. 7. SVB Bank which has been termed as the worst crisis since 2018. 8. This is mainly a start up based Bank. 9. This crisis was to happen looking at the start up valuations and findings received. 10. This was anticipated by big players and hence there was intense selling on Thursday and Friday. 11. Sometimes , one doesn't understand a particular move of markets unless news is out. 12. As retailers are the last players to know anything happening. 13. During the weekend , FED ensured and gave assurance that Depositors funds would be safe. 14. No depositors would lose money. 15. That's the reason U.S Futures are higher by more than a percent each. 16. Looking at Technicals , we are trading at the lower

Nifty hovering near 17k ( 16th March 2023)

1. U.S Markets closed lower yesterday.  2. Right now , U.S Futures are higher. 3. SGX Nifty is Flat. 4. Asian markets are mixed. 5. Yesterday Nifty tried to retest 17300. 6. There was a rejection from this level and Nifty broke 17k. 7. Exactly as we has hinted in the blog yesterday. 8. U.S Markets when I slept yesterday were down 700 points. 9. Today Morning I saw there was a sharp recovery from the lows and they have closed just 270 points lower. 10. This recovery from the lows cannot be termed as bottom yet. 11. Trends don't change so easily and bottoms take time to be made. 12. 16800 is the next major support now. 13. All he'll would break loose once markets break 16800. 14. We might consolidate now for a few trading sessions. 15. Before there's a bigger move in the markets. 16. 17000 is the first support and next major support at 16800. 17. U.S VIX has crossed 25 now. 18. India VIX is close to 17 now. 19. The Volatility which we are having now it seems like