Skip to main content

Pre - Market Report (3rd June 2020)

  1. US markets closed a Percent higher Yesterday.
  2. Asian markets are all in Green.
  3. SGX Nifty at 10080.
  4. Nifty is up 12% in last 5 Trading Sessions.
  5. This is a Humongous Rally in Indian Stock Markets.
  6. This is a Global rally all over the World and we are also Participating in the same.
  7. We have now recovered more than 33% from the low of Corona Virus Crash.
  8. Bull markets climb the wall of worry.
  9. Everyone will be Surprised how swiftly the Markets keep racing ahead.
  10. Bull market begins when every Bull gives up the hope.
  11. Markets can continue to be irrational until you go bankrupt. 
  12. Now the Important Question until when will this Rally continue?
  13. I expect this Rally to last further.
  14. Those who are already carrying call Options can revise Stoploss to 9800 and keep holding.
  15. Those who havent entered yet can enter on minor dips.
  16. 10200 is the next Resistance level for Nifty.
  17. FII's have bought more than 1000 Crores Yesterday as well.
  18. We are in a Buy on Dips Market.
  19. Never think that Markets have already risen by 33% it won't rise much let's go short and burn your fingers.
  20. Just stay with the Trend until it Bends.
  21. Shorts are still there, that is why Futures are trading at discount.
  22. Some Short Covering Rally is still Pending.
  23. 10200 is the next Resistance level for Nifty.
  24. On an Intraday Basis one could try a small trade of keeping Stoploss below 10k for a Target of 10200.
  25. Every Sector is Rallying and is up.
  26. Buy whatever Favourite Stocks you want to buy.
  27. stockmarketadvisory.in
  28. Consult your Financial Advisor & Trade on your own risk.

Comments

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

Global Shock !! (6th August 24)

1. U.S Markets closed lower YESTERDAY.  2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation.  11. All these news have spooked the Global Markets.  12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday.  14. Although it doesn't impact us at all  , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive  16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low to the low for A

Global Markets Mayhem !! (5th Aug 24)

1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20.  stockmarketadvisory.in