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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

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