Skip to main content

Pre - Market Analysis (19th August 2020)

  1. US markets closed Slightly Positive
  2. U.S Markets have been Trading at life time highs now.
  3. Asian markets are in Green.
  4. SGX Nifty is up by 50 points.
  5. From Fridays Reversal we are up more than 300 Points.
  6. Buy the Dip, Buy the Dip is what I have been recommending.
  7. Currently we are Trading at fresh Intermediate highs.
  8. Nifty is just 8-10% away from all time highs.
  9. Bank Nifty is way below.
  10. Catch up rally in Bank Nifty is Expected.
  11. Yesterday Bank Nifty Outperformed Nifty.
  12. 11350 was a big Resistance for our Markets we have closed above it Yesterday.
  13. FII's have bought more than 1000 Crores Yesterday.
  14. DII's have been saying Crash Will happen , Crash will happen.
  15. Nifty will go to 6000 -5000 and they are the one's missing out.
  16. Short Sellers will add as fuel to this Markets now.

  17. Mentioned this to paid Members.
  18. Now we are in an OPEN SKY.
  19. Open Sky means Markets can go anywhere from here.
  20. I won't be Surprised if we get a 150-200 point rally on Nifty this Expiry.
  21. Bank Nifty 800-1000 Points rally is Possible..
  22. AGR Case is being heard today.
  23. So if this goes out well we may rally Further.
  24. Stoplosses for Bullish Positions should be 11350.
  25. If we close below this level then exit your. Buy positions (Intraday)
  26. Nifty might Trade between 11340-11500 today.


Popular posts from this blog

Pre- Market Analysis (5th May 2022)

U.S Markets closed higher yesterday. Asian markets are higher. SGX nifty is up 150 points. Yesterday was a very tricky and unexpected session. As soon as Market opened there was a continuous selling. Market was falling left , right and center without taking any support. I was wondering why is the Market going against the global cues Then we got the news about RBI Governer press conference. So some informed people already knew about this rate hike. Hence there was a sudden selling in the markets. RBI hiked repo rate by 40 basis points and Cash Reverse ratio by 50 basis points. Repo rate is the rate at which banks borrow money from RBI. When the rate is increased banks borrow money at higher cost and in turn loans also get costlier. This slows down the growth and liquidity in the Market temporarily. Cash reserve ratio is the interest free deposit money which banks have to keep with RBI. RBI uses that money without having to pay any interest on it. Increasing CRR means RBI is

Pre - Market Analysis (18th April 2022)

U.S Markets closed lower on Thursday. Asian markets are all lower. Dow futures are lower right now. SGX Nifty is down 250 points. Indicating a huge gap down at the open. Reason is the Global markets underperformance plus not so good corporate results. Infosys has disappointed and missed earnings by street estimates. Infy ADR was down 9% in last 2 trading sessions in U.S Hdfc bank also missed earnings but asset quality has been improved. Today we can expect huge gap down openimg in infy. Hdfc bank has limited downside left because it has already fallen a lot after the merger news. 17150-17200 is a strong support on Nifty and this is where 200 DMA kicks in. If you are a Bull this is a large support area. Markets are oversold and this offers a good opportunity to go long. Nect support comes in at 17k. If global markets keep declining then no support would work. Bank Nifty 200 DMA kicks in at 36800. Bank Nifty looks much stronger than Nifty currently as IT isn't included in

Pre - Market Analysis (11th April 2022)

U.S Markets closed mixed on Friday. Dow Jones closed slightly higher. S&P 500 was flat and Nasdaq is very weak. Right now , Dow futures are lower. SGX Nifty is down 100 points. So we are in for a gap down opening today. Friday was a quite interesting day. As expected , RBI policy was a status quo. Nifty broke Thursday low of 17640 and traded below for quite some time. And then for a short squeeze. All the shorts were trapped and we had a big rally. Most importantly , India VIX was down 7% on Friday. I expect markets to consolidate between 17600 to 18100 for a while. I do not see a reason to be excessively bearish now. Markets went from 17700 to 18100 because of hdfc twins. And then crashed to 17600 because of these both stocks. These both stocks have given up all of their gains and are back to Pre merger levels. There is very limited downside now for these stocks and expecting these stocks to bottom out soon 17500 to 17600 is a strong buy zone on Nifty. Also earnings se