Skip to main content

Pre - Market Analysis (7th May 2021)

  1. US markets closed at fresh all time high Yesterday.
  2. Dow Futures are now mildly higher.
  3. SGX Nifty is trading around 14850.
  4. Markets have been fairly Rangebound for last Expiry.
  5. India VIX has also fallen.
  6. Options Premiums indicating a fairly ranging Market ahead with a positive bias.
  7. Yesterday U.S announced waiver of Intellectual property rights on Vaccines.
  8. This has come as a positive news and after many days of selling by FII's , Yesterday was their first significant buying day.
  9. Weekly jobless claims came better than expected and lowest post pandemic figure.
  10. This is a very important data reported by the U.S.
  11. Today HDFC twins are set to declare results.
  12. Market expecting good numbers from both these stocks.
  13. These both stocks will decide today's action in indices.
  14. Do not carry Positions over the Weekend without hedge.
  15. This week's expiry is a truncated expiry as we have only 4 working days as Thursday being a holiday.
  16. So options premium are low already.
  17. Fed made a statement saying there is a significant rise in asset classes and they are vulnarable for a sharp correction.
  18. RBI had come up with a similar statement when Nifty at 12k saying there's excess liquidity due to which Markets are higher and fundamentals not that great.
  19. But Market went to 15k.
  20. In Bull Market all the Negative news get ignored and in Bear Market it gets Amplified.
  21. Nifty might Trade between 14680-14940 today.


Anonymous said…
Keep up the good work!! May you reach infinite heights.

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

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

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