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Pre - Market Analysis (25th September 2020)

  1. U.S Futures were down more than 2% Yesterday when Indian Markets were active.
  2. That was the reason of such a big fall Yesterday.
  3. 11000 was the place of support and that was taken away.
  4. Bank Nifty below 21k.
  5. Now U.S Futures are slightly positive so SGX Nifty has recovered from 10800 to 10900.
  6. Month end expiry and all longs trapped.
  7. Everything contributed to a huge fall in the Markets.
  8. FII's have been selling relentlessly for the past week.
  9. As I previously mentioned , September will belong to the bears and the same happened.
  10. Coming to October series.
  11. One thing is for sure , unless Nifty crosses 11200 I won't be taking long Positions.
  12. I will be Bullish only when major resistance areas gets taken out and we sustain.
  13. Because when Market falls it falls with high steam and when it goes up the speed is of tortoise.
  14. This is a sell on Rallies Market now.
  15. Sell on Rallies until you get a clear Breakout.
  16. Many countries Considering to Lockdown again.
  17. Corona Virus vaccine getting postoponed.
  18. Also U.S elections around the Corner.
  19. Everything would lead to high Volatility until Diwali.
  20. Will look to sell Call options in Banking stocks on Pullbacks.
  21. Nifty might Trade between 10800-11000 today.


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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