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Pre - Market Analysis (10th March 2021)

  1. US markets were up Yesterday.
  2. S&P 500 was up 2% and Nasdaq up more than 4%.
  3. U.S Markets have given a clear breakout Yesterday.
  4. SGX Nifty is now Trading around 15250.
  5. Both FII's & DII's were buyers Yesterday.
  6. Not only they were buyers but they have bought Aggressively.
  7. Expecting 2nd half of March to be fairly Bullish.
  8. Do not sell options for March series.
  9. Market might shock you on the upside.
  10. Bond Yields in U.S have lightened up and this will give Financial sector a boost.
  11. Also there has been a big amount of short covering at higher levels.
  12. 15100 , 15200 have added more interest.
  13. All these are likely to be trapped today.
  14. They can propell Markets higher in coming time.
  15. I'm selling 14000-14500 Put Options for Monthly series as of now.
  16. To hedge it one can sell 16000 CE.
  17. For short term I feel we can touch 15500.
  18. Consult your Financial advisor before taking any Position.
  19. Nifty might Trade between today.

  20. Dow up 300 Points.
  21. Asian markets are mostly weak.
  22. SGX Nifty is higher, trading around 15060 now.
  23. Yesterday Markets did gap up but then got sold off then recovered again sold off and closed almost flat.
  24. It was a highly Volatile intraday session but on a close to close basis Market was up only 18 points.
  25. Bank Nifty is taking support at 35000.
  26. This seems to be a strong support area.
  27. The concern now for Bulls is even FII's have started selling now.


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Pre - Market Analysis (18th April 2022)

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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