Skip to main content

Pre - Market Analysis (31st May 2021)


  1. U.S Markets closed lower on Friday.
  2. Today U.S Markets are closed.
  3. Asian Markets are trading lower.
  4. SGX Nifty is down 70 Points.
  5. On Friday our Markets have crossed all time highs and unlike before we have sustained at those levels.
  6. This shows strength in our Markets.
  7. Another major development was India VIX fell by 10% on Friday as soon as Market opened.
  8. This shows that the fear is going down.
  9. India VIX now is Trading below 18.
  10. So the option premiums are low and markets might not make big moves either side.
  11. RBI has levied ₹10 crore penalty on HDFC Bank.
  12. Although this amount is not big for a Bank having a size of 8 lakh Crores.
  13. In short term this might be some negative sentiment.
  14. This is still a buy on dip Market and we might Consolidate for some time now.
  15. While Nifty has crossed all time highs Bank Nifty is still 2500 Points away from its highs.
  16. Bank Nifty might underperform for 1-2 days but when it turns around it goes big.
  17. So keep accumulating dips as big move might be round the corner.
  18. On Friday Nifty was up 100 Points out of which Reliance led Nifty higher by 90 points.
  19. Reliance was up 6% on Friday.
  20. If Reliance wouldn't have been there we might have closed flat.
  21. Also from tomorrow Intraday leverages are coming down so it might effect Volumes.
  22. Im planning to watch how does this impact the Market and then trade.
  23. 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