Skip to main content

Pre - Market Analysis (10th November 2020)


  1. US markets closed higher.
  2. Dow Future's down 100 Points now.
  3. At highest point, Dow was up 1500 points at one point.
  4. SGX Nifty touched 12780.
  5. But now they have cooled off.
  6. This is a post Elections rally.
  7. Joe Biden winning favours U.S market due to which we witness such sharp rallies.
  8. Expecting some Consolidation now in the Markets.
  9. SGX Nifty is up 200 Points now.
  10. How long will this rally sustain?
  11. Can we touch to higher highs?
  12. Time will say.
  13. But i expect a Consolidation now for few weeks.
  14. Nifty is up 1000 Points in 6-7 trading sessions.
  15. This is a stellar rally.
  16. Trend is still up.
  17. But im not a buyer now.
  18. I won't chase these gap ups.
  19. Market is opening with Big gap ups now a days and consolidating for the rest of the day.
  20. This is happening from almost 2 Months now.
  21. Intraday traders are not getting another serious.
  22. Those who have the guts to carry overnight trades are making money if they are on the right side of the game.
  23. Call writers are getting trapped with such stellar unexpected rally.
  24. FII's continue to buy in big nukbers.
  25. Nifty might Trade between 12620-12800 today.
  26. stockmarketadvisory.in

Comments

Popular posts from this blog

Reversal from 20k (24th July 2023)

1. U.S Markets closed lower on Friday. 2. Dow Jones was flat. 3. Nasdaq was the underperformer. 4. Gift Nifty is down 30-40 Points. 5. Asian markets are mostly lower as well. 6. Friday the Nifty opened with a gap down of 200 points. 7. Within the next 10 minutes , Nifty recovered 100 points. 8. Bulls expected recovery is on the cards but Nifty started to Crack. 9. Bank Nifty was holding up Nifty for most of the while. 10. It couldn't be able to provide much of a support and Bank nifty also began to correct. 11. The issue now is market has had vertical rallies. 12. One way quick rallies so now the downfall will also be vertical. 13. When markets go up quick , they come down quicker. 14. Infy dragged the mood and also HUL didn't post extraordinary results so it was also a laggard. 15. Banks tried hard to hold the markets but couldn't. 16. Over the weekend , AU Bank and icici bank reported very good numbers. 17. These banks have already rallied a lot before results

Finale Expiry Week (19th May 2023)

1. U.S Markets closed  higher yesterday.  2  Right now , Dow Futures are slightly higher. 3. SGX Nifty is higher by 40-50 Points. 4. Asian Markets are higher. 5. Yesterday was a strange trading day. 6. I say strange because SGX Nifty pre market was showing 30-40 point gap up opening. 7. Nifty opened around 120 points higher. 8. This was a huge gap up out of nowhere. 9. So naturally it was an excellent shorting opportunity.  10. The Volatility again yesterday was super high. 11. Nifty tested the previous day low of 18100 once again yesterday.  12. There was an intense selling during the last 30 minutes yesterday.  13. Surprisingly,  INDIA VIX hasn't inched higher in last 3 days of extreme sell off. 14. This shows that there is lesser panic in the markets right now.  15. Currently,  we have a good risk - reward trade opening up on Nifty. 16. 18100 looks as a double bottom being made on Nifty for the short term. 17. There are fever indications for the same  18. One could g

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