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Pre - Market Analysis (28th June 2021)

  1. U.S Markets closed higher Yesterday on Friday.
  2. Dow futures are slightly positive.
  3. Asian Markets are currently higher.
  4. Right now U.S Futures are trading higher.
  5. SGX Nifty is trading above 15900.
  6. On Friday , we closed almost at record highs.
  7. Significant development was the outperformance of Banking Stocks.
  8. Bank Nifty outperformed Nifty by a huge margin on Friday and closed almost 2% higher.
  9. Bank Nifty Future has broken out above 35500.
  10. If we Sustain above this level for some time then the rally should continue.
  11. Reason for Nifty Underperformance is Reliance.
  12. Reliance is down 6% in last few trading sessions.
  13. Once Reliance settled and bottoms out then Nifty will fly.
  14. Global Markets are also Positive overall.
  15. The Sentiment and the Underlying tone is Bullish.
  16. July series we have many important events lined up.
  17. Companies are going to declare their results.
  18. In the Month of Corporate results Declaration we can expect Markets to make big move on the either side.
  19. U.S Inflation data has also come lower than anticipation is also a positive news.
  20. Delta Plus Variant spreading faster than ever plus new restrictions in Maharashtra is a negative news.
  21. Nifty might Trade between 15820-16020 today.


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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