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Pre - Market Analysis (7th July 2020)

  1. U.S Markets closed 400 Points higher Yesterday but Dow Futures is Trading 0.5% lower now.
  2. Asian Markets are all Slightly Negative.
  3. SGX Nifty is down 40 Points are Trading near 10750.
  4. Yesterday the Markets Witnessed a big rally on the back of Support from Global Markets.
  5. FII's & DII's were net Buyers Yesterday.
  6. Markets have Rallied very Quick in very short time.
  7. Markets need to slow down and Consolidate a bit now.
  8. Expecting today to be the day of Consolidation for Nifty.
  9. LargeCap Heavyweights Performed extremely well Yesterday.
  10. Reliance was Suggested as a Long Term Recommendation rallied more than 3%.
  11. HDFC Bank on the back of Good Numbers was up 3% Yesterday.
  12. Trend Still remains Bullish and it is Still a Buy on dip Market.
  13. Markets pause after big rallies but that doesn't mean Trend has changed.
  14. Bank Nifty failed to cross 22400-22500 Yesterday.
  15. Due to which Nifty was Unable to Sustain above 10800 Yesterday.
  16. This might take some time to happen.
  17. Today Markets might trade within a flat range of 100-120 Points on Nifty.
  18. I have Squared up all my Put Options sell Positions Yesterday as Premiums are already down by 60-70% while still 3 days left for Expiry.
  19. Will be waiting for dips to sell Put Options.
  20. Nifty might Trade between 10700-10800 today.


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