Skip to main content

Pre - Market Analysis (23rd July 2020)


  1. US markets closed a bit higher Yesterday.
  2. Dow Futures is Trading Mindly Negative now.
  3. Asian markets are a bit Negative.
  4. SGX Nifty is Trading near 11100.
  5. Last 20 days , Nifty has shot up more than 1000 Points.
  6. This was a brisk one way rally in the Markets.
  7. Markets cannot keep going at the same pace.
  8. A small correction of 100-200 Points on Nifty & 400-600 Points on Bank Nifty is due.
  9. When will this correction happen? No idea but it would be good as it would shake out weak longs.
  10. 11200 seems Difficult to cross for Nifty & 23000 seems Difficult to cross for Bank Nifty for now.
  11. Expecting today Expiry to be Rangebound with Big Swings within the Range.
  12. Expecting the Range to be between 11000-11180 unless anything major event pops up in Global Markets.
  13. FII's were net Buyers Yesterday so Markets won't fall very Big from here.
  14. "Correction" is Different from "Crash" please note.
  15. Expecting a very Volatile Expiry within the Range.
  16. So one can sell Call options at the higher end & sell Puts at the lower end.
  17. If this range breaks , then we could see Trending move.
  18. Which Seems a big Unlikely as of now.
  19. Reliance has Crossed 2k mark and that has had a Phenomenal rally.
  20. Small correction of 100-150₹ in Reliance would be likely from here.
  21. Bank Nifty might Trade between 22400 to 23000 today.
  22. Consult your Financial Advisor and Trade on your own risk.
  23. 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