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

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