Skip to main content

Pre - Market Analysis (17th June 2020)


  1. U.S Markets closed 3% higher Yesterday.
  2. Asian Markets are all in Green.
  3. SGX Nifty is down 50 Points and Trading near 9830 now.
  4. Yesterday the Markets were highly Volatile due to Indo - China border issue.
  5. In Market hours News Came that 3 Soldiers died.
  6. But Today Morning it's being Reported that almost 20 Soldiers died.
  7. There were many Casualties in China as well.
  8. I dont think this would go on further or there may be a War as both the Countries cannot afford a war.
  9. Already we are Fighting an invisible Enemy in the form of "Corona Virus".
  10. Index Heavyweights like Reliance , HDFC Twins Supported the Market Yesterday.
  11. Due to which we closed in a Bullish Tone.
  12. This isnt a Trending Market.
  13. This is a Swinging Market in which there are large swings on both sides with heavy Volatility.
  14. Sticking on to Trades for a longer timeframe might out to be very risky.
  15. Trading without a Hedge is calling for Trouble.
  16. FII's were net sellers again Yesterday.
  17. They are Unsual People.
  18. When the buy they keep buying and vice Versa.
  19. 9700 is a near term support on Nifty and Yesterday it didn't get Violated.
  20. Expect Reliance , ITC , HDFC Twins to support Nifty and Don't see major fall here.
  21. Trade is to buy near the Support area and play for the swing.
  22. Trading in these Markets is Difficult but not impossible.
  23. It requires Skills , Experience and Money Management.
  24. Yesterday I've bought Reliance 1x 1640 CE , Sold 2x1720 CE , 2x1760 CE.
  25. Next Resistance is near 1700 for Reliance so If Reliance Expires between 1640 to 1720 there is a return of 15% in just 6 Trading Sessions.
  26. Will do Adjustments to this Strategy Accordingly.
  27. 9700 to 10000 is the range for Nifty.
  28. Trade for a swing either side.
  29. Take Contra Bets , this Market is not Trending and won't reward Trending Trades.
  30. If you want Excitement then Trade in Bank Nifty.
  31. It's the highly Volatile index.
  32. Yesterday it was up 800 Points , went down 1200 Points and then Recovered.
  33. Better to avoid such Indexes currently.
  34. Nifty might Trade between 9700 to 10k
  35. 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 (16th June 2022)

U.S Markets closed higher Yesterday. Right now Dow futures are higher by 140 points. Asian markets are higher. SGX nifty is indicating a gap up opening. Yesterday as anticipated Fed increased the interest rates by 75 basis points. This is the largest increase since 1994. There was a relief rally due to the same in U.S market and U.S VIX crashed 10%. How long will this relief rally go on is a big question. Our Markets were terrible yesterday. Everybody is shorting left , right and center. Yesterday all Put options premiums raised in last 30 mins. Even 15200 PE which is 500 points away from spot rose from 4rs to 13rs. Today we might get some short covering as we open and even head higher. 16000 should be a firm resistance for the day. I won't chase this gap up because when Market reverses it's with great speed. I'll look to short near 15950-15980 with a stoploss of 16020. In Bear markets the rallies sre quite ferocious but again markets make fresh lows. So remembe
Post a Comment
Read more

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
Post a Comment
Read more