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Pre - Market Analysis (7th Jan 2020)


  1. US markets closed higher Yesterday.
  2. Asian Markets are all Trading higher.
  3. SGX Nifty is Trading near 14270 now.
  4. Yesterday we Witnessed a severe correction Intraday.
  5. As I always say bears last only for a day in Bull Market.
  6. U.S Markets have closed at record highs.
  7. Today , we might also open near record highs as per SGX.
  8. When our markets closed Yesterday , Dow Futures was up 50 points but Dow went up more than 600 points.
  9. Facebook & Twitter suspended Trump's account on a Temporary basis.
  10. But Asian markets are ignoring this bad incident and moving higher significantly.
  11. Bull Markets climb the wall of worry.
  12. Yesterday the Correction was due to Bank Nifty.
  13. It fell 400 Points in half an hour.
  14. Recovered most of it's losses by the end of the day.
  15. I have sold 14050 PE & 14300 CE Yesterday at around 2 pm.
  16. Holding on it till now.
  17. 14050 PE will give good profit in opening.
  18. Need to do some Adjustments if Market keeps going higher.
  19. 14250 & 14300 were written aggressively yesterday.
  20. If Markets keeps going higher , these writers have to run for cover.
  21. This could take Markets much higher.
  22. Every dip is a buy in this Bull Market.
  23. As a trader we shouldn't look into Economics.
  24. We should look price action , trend analysis etc.
  25. All everything is Bullish now.
  26. Nifty might Trade between 14160-14340 today.
  27. stockmarketadvisory.in

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