Skip to main content

Pre - Market Analysis (20th July 2020)


  1. U.S Markets closed higher on Friday.
  2. Dow Futures is Mildly Negative now along with Asian Markets.
  3. SGX Nifty is Trading near 10900.
  4. On Friday our Markets closed 200 Points higher.
  5. Last hour on Friday , Nifty gained 80 Points and Closed above 10900.
  6. 10900 was the 200 DMA and that has been crossed now.
  7. I didn't expect Markets to go up so quick so fast.
  8. Many Option Sellers have been selling 11000,11100 calls and now they are likely to cover their positions and take Markets higher.
  9. Nifty is in a Strong Uptrend. Last week it Corrected a Maximum of 200 Points and never closed Below 10600.
  10. This shows that the strong Momentum is on the higher side.
  11. Previously , Reliance was holding up the Nifty but now IT Stocks have also joined the Party.
  12. On Friday , Oil & Gas Sector also rallied on the back of Divestment news by the Government.
  13. FII's were selling for the last week but on Friday they started buying.
  14. I have observed in the past , once they start to buy they Contineously keep buying.
  15. HDFC Bank came up with the results this Weekend.
  16. Results on the first look seemed Good.
  17. This Week is very important for this Quarter as many Index Heavyweights will come up with their Results
  19. Important Corporate results this week Monday 20th july - ACC
  20. Tuesday 21st July - Axis Bank, HUL, Bajaj finance, Bajaj finserve, HDFC life
  21. Wednesday 22nd July - L&T, Bajaj Auto, JSPL
  22. Thursday 23rd July - Biocon
  23. Friday 24th July - Reliance, ITC ,Asian Paints, Ambuja cements, Zee entertainment.
  24. Both the Indices Nifty & Bank Nifty gave weekly Breakouts on Friday.
  25. All the Factors Indicating that we are likely to have a fairly Bullish Week ahead.
  26. Corporate Results of Companies if come as per Expectations then Markets will rally.
  27. Bank Nifty is the Key index for this Week.
  28. Bank Nifty is significantly Outperforming the Nifty.
  29. If Bank Nifty has a good week and results are good I won't be Surprised to see a 400-500 point rally for Nifty this week itself.
  30. Trade for Intraday is to buy on dips closer to 10870-10830 with proper Stoploss.
  31. Markets are likely to surprise people on the upside.
  32. Nifty might Trade between 10830-11050 today .
  33. HDFC Bank will be in focus today after it's results & According to me it should keep Bank Nifty strong.
  34. Yes I know Corona Virus Cases increasing , Economy growth reducing.
  35. But as I always say Markets look the Future.
  36. Vaccine is on the way , Cases are at Peak and will reduce now.
  37. Ignore those who still give 5000-6000 targets on Nifty.
  38. Let them live in their Dreams and Fairyland.
  39. Focus on what your Screen shows you , Currently it shows Bullish from all sides.
  40. stockmarketadvisory.in

Comments

Post a Comment

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
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

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
Post a Comment
Read more