Skip to main content

Pre - Market Analysis (4th June 2021)


  1. U.S Markets closed Mildly lower Yesterday.
  2. Nasdaq closed much lower Yesterday.
  3. Asian Markets are also trading lower.
  4. That is the reason of SGX Nifty trading lower by 30 Points now.
  5. Yesterday we had weekly expiry and it was a very stable one after so many weeks.
  6. Maybe this SEBI margin rule has reduced the Volatility due to which there are not big swings life before.
  7. India VIX fell another 10% yesterday.
  8. Now India VIX is close to 15 and below 16.
  9. India VIX below 15 indicates less Volatility and the Bull Market to continue.
  10. Reliance has crossed it's all time high of 2200.
  11. Reliance won't let Nifty fall significantly.
  12. This alone will propell Nifty higher and control the Markets.
  13. Today RBI Policy at 10 AM.
  14. The general Expectation is Status Quo and it's likely to be a non event.
  15. However due to RBI event Bank Nifty might be Volatile for a short span.
  16. Currently , I'm Bullish on Bank Nifty more than the Nifty.
  17. Nifty has already crossed all time high.
  18. Whereas the Bank Nifty is still 2000 Points away from all time highs.
  19. Bank Nifty seems to be a good value play now.
  20. 35500 is a good support on Bank Nifty.
  21. 35000 is the longer term support.
  22. So every dip is a buying opportunity now and Markets look extremely bullish.
  23. Nifty might Trade between 15580-15780 today.
  24. 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

Global Shock !! (6th August 24)

1. U.S Markets closed lower YESTERDAY.  2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation.  11. All these news have spooked the Global Markets.  12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday.  14. Although it doesn't impact us at all  , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive  16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low to the low for A
Post a Comment
Read more

Global Markets Mayhem !! (5th Aug 24)

1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20.  stockmarketadvisory.in
Post a Comment
Read more