Skip to main content

Pre - Market Analysis (13th April 2021)


  1. US markets closed almost flat.
  2. It was a Consolidation day for U.S Markets Yesterday.
  3. S&P 500 was up but DOW and Nasdaq was down.
  4. Asian Markets are all Trading higher.
  5. SGX Nifty is now near 14400.
  6. Yesterday was one of the worst falls in the history of Stock Market.
  7. A 2000 Point Blood bath in Bank Nifty and 500 Point Blood bath in Nifty.
  8. Yesterday I mentioned that 14500 is a good support and if it breaks weakness will extend.
  9. Next support now is 14200 -14250 as this the previous Month low.
  10. If we break this level then 14000 will be witnessed.
  11. Markets didn't break 14250 Yesterday.
  12. Markets might again test that level in the first half and if it holds on we might rally in second half.
  13. If it breaks then Bloodbath will continue.
  14. Bank Nifty is the weakest index currently.
  15. For 2021 Bank Nifty has turned negative.
  16. This shows the extent of selling in Banking stocks.
  17. I will be Bullish for the Expiry only after Nifty crosses 14450 firmly.
  18. Until then I'd be bearish.
  19. TCS has declared very good results Yesterday with highest order wins.
  20. Infosys has announced buy back so it has a positive sentiment surrounding it.
  21. IT Stocks can hold the Markets today.
  22. Nifty might Trade between 14200 -14480 today.
  23. India VIX notched up 15% higher Yesterday.
  24. Premiums were highly attaractive Yesterday considering only 2 working days left for this week Expiry.
  25. I made use of the same and sold 14000 PE & 14650 CE.
  26. Will do adjustments if we break 14200 or Cross 14500.
  27. stockmarketadvisory.in

Comments

Post a Comment

Popular posts from this blog

Pre - Market Analysis (30th Jan 2022)

1. U.S Markets closed higher on Friday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is up 30-50 Points. 5. There's no point discussing Global markets today. 6. As we are dealing with our own local issues as of now. 7. The talk of the town is Adani Group. 8. Every stock Market participant during last 2 days have not spent as much time with their wife /gf /husband /bf as they have spent on researching Adani stocks. 9. They shouldn't have wasted so much time in research and should've spent their time with loved ones. 10. As Ultimately my Pre Market report would clear all. 11. Now , the Adani stock price has gone below the FPO price. 12. FPO price is in the range of 3100-3200 and stock price is around 2800  13. Who will subscribe to FPO when they can buy shares much cheaper from the Market? 14. Also over the weekend Adani has come up with a 450 page report addressing one by one the allegations made by Hindenberg.  15. I haven't
Post a Comment
Read more

Pre - Market Analysis (2nd Feb 2022)

1 U.S Markets closed lower Yesterday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is down 150 Points. 5. Yesterday was the Fed event in U.S 6. It was expected that they would raise rates by 25 basis points. 7. The same happened yesterday and in spite of that Markets crashed yesterday.  8. Yesterday was a highly Volatile day. 9. Markets were all over the place yesterday.  10. Before the budget , markets were higher. 11. During the budget , markets were flat. 12. After 1 pm markets were at the peak of Volatility.  13. Bank Nifty was down 1000 points by 2.45 pm. 14. In next 30 minutes it recovered all of its losses. 15. The budget was neither good nor bad. 16. The income tax slabs have been revised but also the insurance benefit has gone. 17. All the Insurance companies crashed yesterday.  18. This is a structural change coming out of budget now. 19. Adani stocks crashed yesterday.  20. So clearly there was valuation over hang which is gettin
1 comment
Read more

Nifty hits 17k (15th March 2023)

1. U.S Markets closed higher yesterday.  2. Right now , U.S Futures are lower. 3. SGX Nifty is up 80-100 points. 4. Asian markets are mixed. 5. There has been 4 days of relentless selling in our Markets  6. The reason doesn't seem to be Banking collapse in United States. 7. U.S Markets have settled after a knee- jerk reaction. 8. Our Markets haven't settled yet. 9. This isn't a selling like the previous ones. 10. Previously FII's used to target few nifty stocks  11. Used to sell them and create panic. 12. This selling is now an all around selling. 13. Broader Markets have been bleeding extensively. 14. There is pain all around. 15. Now 17300 becomes a very important resistance. 16. Nifty might retest 17300 and then break 17k. 17. Markets won't collapse in a hiff.  18. There would be intermittent rallies in between to take weak shorts out. 19. FII's have now been selling aggressively.  20. Nifty might trade between 17000 to 17300 today. 21. stockmarke
Post a Comment
Read more