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Pre - Market Analysis (7th August 2020)

  1.  U S Markets closed higher Yesterday.
  2. Asian Markets are Positive.
  3. SGX Nifty is down by about 20 Points.
  4. U.S Markets are just a percent away from new highs.
  5. This is Clearly a Standout.
  6. In the Month of March Markets were crashing but they have recovered with a faster pace.
  7. U.S Jobs data is an Important event to watch out for today.
  8. Also a Big STIMULUS is around the Corner in U.S.
  9. This will have a major impact on the Markets.
  10. This Year there is U.S Elections & Trump will not let Markets fall.
  11. If U.S Markets don't fall we don't fall.
  12. We don't go up in the same pace as U.S Markets because we have our local issues like banks etc.
  13. We should head higher Slowly.
  14. There was a heavy Volatility Yesterday.
  15. Bank Nifty at one point was 400 Point higher and the entire rally was sold into within minutes.
  16. This shows that the Banking index and stocks is the Weakest link in this Market.
  17. Nifty will continue to Outperform as Nifty is married to Global Markets.
  18. Last 2 Expirys Nifty has been Trading in a range of 10900-11300.
  19. The lower range has again come to 11k and upper range is around 11300 now.
  20. Expecting this range to Continue today as well.
  21. If U.S Jobs data are good then we may break 11300 and head towards 11500.
  22. RBI Policy was on expected lines and there are no Negative Surprises on that front.
  23. India VIx fell below 23 which is a good sign.
  24. Nifty might Trade between 11020 to 11160 today.


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Nifty hits 17k (15th March 2023)

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SVB Bank crisis Unfolds (13th March 2023)

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Nifty hovering near 17k ( 16th March 2023)

1. U.S Markets closed lower yesterday.  2. Right now , U.S Futures are higher. 3. SGX Nifty is Flat. 4. Asian markets are mixed. 5. Yesterday Nifty tried to retest 17300. 6. There was a rejection from this level and Nifty broke 17k. 7. Exactly as we has hinted in the blog yesterday. 8. U.S Markets when I slept yesterday were down 700 points. 9. Today Morning I saw there was a sharp recovery from the lows and they have closed just 270 points lower. 10. This recovery from the lows cannot be termed as bottom yet. 11. Trends don't change so easily and bottoms take time to be made. 12. 16800 is the next major support now. 13. All he'll would break loose once markets break 16800. 14. We might consolidate now for a few trading sessions. 15. Before there's a bigger move in the markets. 16. 17000 is the first support and next major support at 16800. 17. U.S VIX has crossed 25 now. 18. India VIX is close to 17 now. 19. The Volatility which we are having now it seems like