Skip to main content

Pre - Market Analysis (30th June 2020)


  1. U.S Markets closed Positive Yesterday.
  2. Asian Markets are also Mixed with a Positive Bias.
  3. SGX Nifty is up 50 Points.
  4. We are in a Market with no follow through.
  5. This is a Swinging Market.
  6. Swinging Market is one in which Market goes to the top end of range or bottom end of the Range.
  7. People Start Prediciting a big Breakout or Breakdown but Market reverses immediately.
  8. This is a Market to trade on reversals.
  9. This is not a Market to trade for follow Through.
  10. PM Modi to Address the Nation at 4 pm today.
  11. When MODIJI comes at 8 pm , there is a big news.
  12. When MODIJI comes at Morning there is a bit of Encouragement speech from their side.
  13. Now the time is 4 pm , my Gut feeling is MODIJI would be speaking about Corona Virus & Lockdown.
  14. But most importantly , speaking about Boycotting China.
  15. Large Number of Youths use China Apps so the Gut feeling is a talk on that front.
  16. FII's were net sellers Yesterday but DII's are supporting our Markets.
  17. DII's were net Buyers Yesterday.
  18. 10200 to 10500 is the Range in which Nifty is Trading for quite some time now.
  19. Nifty was Unable to 10200 and it has tested this level twice now.
  20. Same Applies for the level of 10500.
  21. I will take Directional bets once any of this gets breached .
  22. Until then the idea is to be a Mean Reversion Trader.
  23. Markets have been Consolidating within this Range now for more than a week.
  24. Expecting some kind of range Expansion soon.
  25. This Market is a strong market and rewarding Contra Traders.
  26. Nifty & Bank Nifty Futures both Trading at a very Significant Discount.
  27. If follow through comes then there will be a room for big Short Covering also.
  28. Banking Stocks might Outperform today as HDFC Bank is coming up with fund raising and looking strong.
  29. Nifty might Trade between 10240 to 10380.
  30. stockmarketadvisory.in

Comments

Post a Comment

Popular posts from this blog

BJP Falls short of Majority (5th June 2024)

1.U.S Markets closed higher Yesterday  2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically.  9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country. 20. Com
Post a Comment
Read more

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
Post a Comment
Read more

Show me a negative news? !! (3rd June 2024)

1.U.S Markets closed higher on Friday.  2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 500 Points. 7. There is a list of Positive news. 8. Which one do you wish to hear first? 9. Ok let me start. 10. First the GDP at 8.2% is a fantastic growth by India. 11. This shows that we are the only Country who is growing and is capable of growing in future at this rate. 12. GST Collections at 1.73L crore. 13. Just previous FY , we had hit 1L crore collections. 14. Now we are on the way to 2L crore. 15. More GST collections implies higher growth in the economy etc. 16. Next is the Global sentiment has changed. 17. Dow has rallied more than 500 points on Friday.  18. FII's F&O Positions indicate the are hugely short on the markets. 19. Next,  the exit Poll survey which indicates that the present Govt is likely to continue.
Post a Comment
Read more