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Pre - Market Analysis (8th March 2021)


  1. US markets closed higher on Friday.
  2. Asian markets are higher.
  3. SGX Nifty indicates more than 100 Point gap up as of now.
  4. Thursday it was a big down , today a big gap up.
  5. Volatility continues to be extreme.
  6. India VIX was up on Friday which is natural when Market goes lower.
  7. Today's gap up is majorly due to good Job numbers posted in U.S
  8. Market is being Volatile but is Trading within the range.
  9. Rangebound Approach is to be adopted for making money in this Market.
  10. Mean Reversion strategy should be used by students attended training from me.
  11. The primary range is 14800 to 15200.
  12. Broader range is 14500-15200.
  13. Take counter positions near extremes and apply Mean Reversion.
  14. Fundamentals data from China is also good.
  15. They have reported good Export Import data.
  16. It's March End and it's Financial Year closing time.
  17. Squaring up of positions , booking profits etc are natural in such scenario.
  18. Volatility can increase as we go ahead in March series.
  19. Nifty might Trade between 14920-15140 today.
  20. stockmarketadvisory.in

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