Skip to main content

Pre - Market Analysis (10th May 2021)


  1. On Friday, US jobs data came much lower than expected.
  2. Inspite of this Negative news U.S Markets were higher on Friday.
  3. That's because Govt would bring in more Stimulus and not increase the interest rates in near future.
  4. SGX Nifty is Currently trading near 14990.
  5. Asian Market's have opened in flat zone as of now.
  6. In the past whenever we crossed 15k we witnessed selling pressure 
  7. Selling was very severe.
  8. We have been trading in the range of 14200 to 15000.
  9. Now we might expand upto 15200 on Nifty.
  10. One should apply caution when Nifty is above 15k.
  11. Considering the Block deals etc FII's have turned net buyers in the Market.
  12. We are in a ranging Market so the best way to approach the same is to trade based on the range.
  13. Big trending moves are less likely to happen.
  14. Nifty is 3% away from record highs whereas Bank Nifty is 10% away from record highs.
  15. Bank Nifty might witness some catch up rally here.
  16. Metals are shining from last 2 Months.
  17. All the Metal Stocks have doubled and the rally will continue for some time now.
  18. Iron Ore Futures is up 10% in Pre open.
  19. This will keep the rally going.
  20. Right now we are following global Markets and Indian Market's as they are not as developed to U.S Economy always Underperforms in the long run.
  21. On the Contrary when U.S Markets fall we fall at much faster pace.
  22. Do not Pre -empt a breakout etc unless you get a clear signal of the same.
  23. Trade the range and use Mean Reversion view.
  24. Nifty might Trade between 14860 to 15060 today.
  25. stockmarketadvisory.in

Comments

Post a Comment

Popular posts from this blog

BJP Falls short of Majority (5th June 2024)

1.U.S Markets closed higher Yesterday  2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically.  9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country. 20. Com
Post a Comment
Read more

U.S Markets firing 🔥 (8th Feb 2024)

1. U.S Markets closed higher Yesterday. 2. U.S Markets are trading at their all time high on daily basis. 3. S&P 500 is now at 5k. 4. This has been a stellar show across the globe. 5. We have an Election Year in the U.S as well. 6. As you might not be aware more than 45% U.S citizens invest in stock market. 7. So for the Government to have a good impression and to gain vote Bank stock market have to be kept higher. 8. Government and FED will do what all they can to keep pro markets  9. Bank Nifty showed signs of comeback yesterday but the rally failed again. 10. Largecap stocks continue to underperform whereas Mid & Small caps continue to soar new highs. 11. Once a trend develops in the markets it can go on for a long time than expected. 12. Interestingly , I was doing some number crunching yesterday and found that small & mid cap companies have given better than expected results than large caps. 13. Most of the large caps have disappointed. 14. Star of the pack
Post a Comment
Read more

Show me a negative news? !! (3rd June 2024)

1.U.S Markets closed higher on Friday.  2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 500 Points. 7. There is a list of Positive news. 8. Which one do you wish to hear first? 9. Ok let me start. 10. First the GDP at 8.2% is a fantastic growth by India. 11. This shows that we are the only Country who is growing and is capable of growing in future at this rate. 12. GST Collections at 1.73L crore. 13. Just previous FY , we had hit 1L crore collections. 14. Now we are on the way to 2L crore. 15. More GST collections implies higher growth in the economy etc. 16. Next is the Global sentiment has changed. 17. Dow has rallied more than 500 points on Friday.  18. FII's F&O Positions indicate the are hugely short on the markets. 19. Next,  the exit Poll survey which indicates that the present Govt is likely to continue.
Post a Comment
Read more