Skip to main content

Pre - Market Analysis (24th June 2020)

This is our Official Instagram Account now so request Everyone to follow it to stay Updated with the Market news.☝️

  1. US markets ended higher Yesterday.
  2. Nasdaq hit Fresh all time highs.
  3. Asian Markets are mostly positive.
  4. SGX Nifty is Trading flat around 10470.
  5. Yesterday I mentioned that if 10400 gets taken out 10500 will be Witnessed immediately.
  6. Last hour our Markets have given a big rally.
  7. Bank Nifty has given a Big Breakout above 22000.
  8. Market is firing on all Cylinders.
  9. Previously , everybody used to mention markets have Rallied because of Reliance , ICICi Bank and few selected stocks.
  10. But now even without help of Reliance markets are Rallying.
  11. The rally is so strong that Yesterday Markets gave you dip for some few seconds and then immediately races away.
  12. There are some people saying Nifty has Rallied so much now let's short it the Markets wont rally much.
  13. Trust me they will all be taken to cleaners.
  14. Once 10500 gets taken out the Targets for Nifty are 10700-11000 as well.
  15. The only thing about Stock Markets which is not guaranteed is time.
  16. Few small dips might come all will be buying Opportunities.
  17. Targets might come in few days or in few weeks but those Seem evident as of now.
  18. 10300 is a strong support for this Weekly Expiry and I dont think Markets will go below that zone.
  19. Bank Nifty 21500 is a strong support for this Expiry.
  20. There are huge shorts in Nifty near 10300-10400.
  21. Once they don't get follow through they will start to cover.
  22. Bank Nifty Futures and Nifty Futures were Trading at Discount Yesterday which indicate excessive short positions built.
  23. Sold 10000 ,10100,10200,10300 PE Yesterday.
  24. Sold 21000,20500,21300 Bank Nifty PE Yesterday.
  25. Reliance has not Participated in this rally from past 2 days , just imagine if Reliance starts to perform it can easily Contribute 40-50 Points for Nifty rally all by itself.
  26. Strong buy on dip market and every dips should be bought into.
  27. Quality Midcaps and small caps stocks have also started to Participate in the rally now.
  28. Nifty might Trade between 10400-10580 today.
  29. Consult your Financial Advisor and Trade on your own risk.


SelfMade said…
Your blogs helps me to understand the market physiology

Popular posts from this blog

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

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

Finale Expiry Week (19th May 2023)

1. U.S Markets closed  higher yesterday.  2  Right now , Dow Futures are slightly higher. 3. SGX Nifty is higher by 40-50 Points. 4. Asian Markets are higher. 5. Yesterday was a strange trading day. 6. I say strange because SGX Nifty pre market was showing 30-40 point gap up opening. 7. Nifty opened around 120 points higher. 8. This was a huge gap up out of nowhere. 9. So naturally it was an excellent shorting opportunity.  10. The Volatility again yesterday was super high. 11. Nifty tested the previous day low of 18100 once again yesterday.  12. There was an intense selling during the last 30 minutes yesterday.  13. Surprisingly,  INDIA VIX hasn't inched higher in last 3 days of extreme sell off. 14. This shows that there is lesser panic in the markets right now.  15. Currently,  we have a good risk - reward trade opening up on Nifty. 16. 18100 looks as a double bottom being made on Nifty for the short term. 17. There are fever indications for the same  18. One could g