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Pre - Market Analysis (26th Feb 2020)

  1. US markets fell, worst fall since October 2020.
  2. Worst Gap down hinting for SGX Nifty today.
  3. 300 Point Gap down we are likely to open into.
  4. So the logic is simple , selling again after a gap down doesn't make sense now it's the time to buy.
  5. Buy big gap downs sell big gap ups , that's where risk - reward is in your favour.
  6. So I'm interested to buy this gap down on a Positional basis by keeping stoploss of 14650 which is last weeks low.
  7. Volatility will be high today.
  8. India VIX is likely to trade above 30.
  9. Do not worry about Global issues and worry of this gap down.
  10. Trend will always sustain and it sustains for longer term.
  11. Many People are talking about Bear Market and trend reversal.
  12. I don't think so.
  13. Trends don't change so easily and so quickly.
  14. So forget about that.
  15. Nifty might Trade between 14760-15000 today.
  16. stockmarketadvisory.in

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