Skip to main content

Pre - Market Analysis (10th June 2020)

  1. U.S markets were down a percent Yesterday.
  2. U.S Markets broke the Streak of continue 6 days gain Yesterday.
  3. Asian Markets are mostly Negative.
  4. SGX Nifty is up 20 Points & Trading near 10100.
  5. Indian Markets are Trading very Volatile from last few days.
  6. VIX up more than 30 & generally when this happens we witness Volatile moves.
  7. Yesterday both longs and shorts made money if they bought at proper levels.
  8. Markets after gapping up & Rallying could not break 10300 & started to crash.
  9. The Range is 10000 to 10300 but between this Range it's highly Volatile.
  10. Reliance fell from 1620 to 1540 in 2 days which also Couldn't Stablilise the Markets.
  11. We are in a sort of Correction phase.
  12. Nifty correcting 200-300 Points from here is probable.
  13. One needs to be sitting on their Toes to trade in such Markets as Volatility is massive.
  14. You can either take Volatility as your Advantage or either it can wipe you out.
  15. Markets are awaiting for FOMC ( Federal Open Market Committee) meeting outcome in U.S
  16. Trump is the biggest Trader of the World😀 so he wouldnt like to do anything which is against Market liking.
  17. Trade remains the same for today as we were trading Yesterday.
  18. Just that today's range has been extended
  19. Range is from 10k to 10300 on Nifty.
  20. Take contra Trades nearer to the Boundaries.
  21. Bank Nifty range is 21500 to 20000.
  22. Option Premiums are very high due to rising VIX so option Buyers should be careful.
  23. Usually after a huge rally of 1200 Points Markets Consolidate trade Volatile and start a fresh move.
  24. This move either could be downwards or upwards.
  25. If Nifty breaks 10000 I would become Bearish.
  26. If Nifty Crosses 10300 I would become Bullish.
  27. Those who cannot handle such Volatility and are not skilled to trade in this range can wait for Breakout / Breakdown.
  28. Nifty is likely to trade between 10000 to 10200.


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 (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

Pre - Market Analysis (14th September 2022)

U.S Markets closed lower Yesterday. Dow Jones & S&P 500 crashed 4% each. Nasdaq crashed 5% Yesterday. SGX Nifty is indicating a 300 point massive gap down today  Asian markets are lower. Reason is the U.S Inflation data which got released yesterday. Inflation data arrived was at 8.3% . This Data was higher than the expected data. Market wasn't expecting Inflation data to be above 8%. But this data shocked the markets. Yesterday Dow futures were higher till Inflation data was announced. They were higher by 200 points. As soon as Inflation data got announced it spooked the markets  U.S VIX rose 15% Yesterday. Right now Dow futures are slightly higher. 17800 is a strong support for Nifty. It this holds we can expect fall to reduce. Fall shouldn't be drastic if Nifty holds 17800. Yesterday many traders had longs as Nifty closed above 18k. All these traders will be chopped off due to this gap down. Nifty might Trade between 17700 to 18000 today. stockmarketadviso