Skip to main content

Pre - Market Analysis (22nd April 2021)


  1. US markets closed higher Yesterday.
  2. Asian markets are mostly higher.
  3. SGX Nifty made a low of 14050 Yesterday.
  4. Now it's trading around 14180.
  5. Though SGX might look in Green it's still 100 Points below Tuesdays closing level.
  6. 14200 has acted as a good support area many times.
  7. Tuesday as well Markets fell drastically but couldn't break 14200.
  8. Today we might get an opening below that level.
  9. If we get an opening below 14200 and we start to sustain below it for some part of a time then next level would be 14000 as a support.
  10. 14200 is the 2 Months low on Nifty , breaking this level would mean extreme bearish ness in the short term.
  11. More and more Negative news has been coming in from the Corona front.
  12. Today cases are 3.15L , Net Covid positive patients everyday for India is 1.25L ( After Recoveries).
  13. The situation is going to worsen in coming days.
  14. Yes we have a Vaccine but our Country is so huge that it would take loads of time to get Vaccinated for all.
  15. Until that happens , majority damage would've already been done.
  16. PM stated that at any cost lockdown should be avoided and India shouldn't go into Lockdown.
  17. Seeing the facts based on Today's situation I feel we may have another complete lockdown as we had an year before.
  18. Such Scary is the ground reality.
  19. The trend is bearish now but you need to find correct levels for entry.
  20. Short the Market near resistances.
  21. It's going to highly Volatile in the Upcoming days.
  22. 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 (18th August 2022)

U.S Markets closed Flat Yesterday. Asian markets are mixed. SGX Nifty is close to 17940 right now. Yesterday markets broke out of 17900 and now are closer to 18000. 18000 is important as 18000 CE has the highest open interest. Highest amount of calls have been written for 18000 CE strike price. Plus round figures always act as psychological resistance too. Today is the weekly expiry and as of now the range is 17800 to 18000. 17800 is a strong support level and 18000 might act as resistance. Markets will gain steam once 18000 is taken out. Today could be a side-ways expiry. But nothing can be said as markets can always surprise you. IT Index has crossed 30k. Sensex yesterday hit a landmark of 60k. Sensex and Nifty both are now just 3% away from all time highs. So this isnt just a Bull Market , it's a raging Bull Market. India VIX closed below 18 yesterday. Bank Nifty is close to important levels of 40k. Once these important levels are taken out then we move towards all t
Post a Comment
Read more

Pre - Market Analysis (14th September 2022)

U.S Markets closed lower Yesterday. Dow Jones & S&P 500 crashed 4% each. Nasdaq crashed 5% Yesterday. SGX Nifty is indicating a 300 point massive gap down today  Asian markets are lower. Reason is the U.S Inflation data which got released yesterday. Inflation data arrived was at 8.3% . This Data was higher than the expected data. Market wasn't expecting Inflation data to be above 8%. But this data shocked the markets. Yesterday Dow futures were higher till Inflation data was announced. They were higher by 200 points. As soon as Inflation data got announced it spooked the markets  U.S VIX rose 15% Yesterday. Right now Dow futures are slightly higher. 17800 is a strong support for Nifty. It this holds we can expect fall to reduce. Fall shouldn't be drastic if Nifty holds 17800. Yesterday many traders had longs as Nifty closed above 18k. All these traders will be chopped off due to this gap down. Nifty might Trade between 17700 to 18000 today. stockmarketadviso
Post a Comment
Read more