Skip to main content

Pre - Market Analysis (17th Feb 2020)


  1. US markets ended on a Flat note Yesterday.
  2. Asian Markets are also in Consolidation phase.
  3. SGX Nifty is Trading around 12270.
  4. Yesterday our Markets opened at fresh highs but we witnessed good profit booking Intraday.
  5. These sort of dips and Corrections offer a good Opportunity to build longs and re enter.
  6. In Bull Markets dips get bought into much faster.
  7. Feb first week we witnessed a fantastic rally in our Markets.
  8. After that we are into Consolidation phase.
  9. Uptrend is still intact while in Consolidation.
  10. India VIX was slightly higher Yesterday due to correction which had happened Intraday.
  11. Usually on Wednesdays India VIX stays higher and Volatility is more.
  12. Expecting this Expiry between 15040-15420.
  13. Highest Open Interest is in 15000 PE and 15400 CE.
  14. That's the reason why we witnessed good profit booking Yesterday at higher levels.
  15. I would be looking to trade in Extreme levels of the range.
  16. DII's have been Contineously selling this week.
  17. Actually , the Selling Number of DII's is more than buying of FII's.
  18. Bank Nifty looks Stronger to Nifty.
  19. But at the same time Bank Nifty is highly Volatile.
  20. Moves are quite fast compared to that of Nifty.
  21. Nifty might Trade between 15120-15350 today.
  22. stockmarketadvisory.in

Comments

Popular posts from this blog

BJP Falls short of Majority (5th June 2024)

1.U.S Markets closed higher Yesterday  2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically.  9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country. 20. Com

Global Shock !! (6th August 24)

1. U.S Markets closed lower YESTERDAY.  2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation.  11. All these news have spooked the Global Markets.  12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday.  14. Although it doesn't impact us at all  , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive  16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low to the low for A

Global Markets Mayhem !! (5th Aug 24)

1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20.  stockmarketadvisory.in