Skip to main content

Pre - Market Analysis (29th July 2021)

  1. U.S Markets closed lower Yesterday.
  2. Right now Dow Futures are slightly down.
  3. Asian Markets like Hang Seng & China recovered yesterday but now both are lower.
  4. SGX Nifty is trading near 15740.
  5. Yesterday our Markets were highly Volatile.
  6. Most astonishing point was that Market has been recovering from big falls.
  7. We haven't broken important support of 15500.
  8. So this range might continue for long from 15500 to 16000.
  9. Today we have monthly July expiry and as of now July was flat.
  10. We might expect some big Volatile expiry moves today in 2nd half.
  11. FII's have been regularly selling for more than 2000 crore on a daily basis.
  12. Yesterday we had Fed event and there wasn't any change in interest rates.
  13. So this has become a Non - event for the Markets.
  14. My view has become mildly bearish on the Markets and I don't expect Nifty to cross 16k in August series.
  15. That's because of Poor Corporate results and earnings.
  16. Maybe FII's are selling due to the same.
  17. All the Large Cap stocks have fallen after results.
  18. Kotak Bank yet again declared very poor results.
  19. Bank Nifty has been underperforming due to same.
  20. HDFC Bank & Kotak Bank both constitute about 40%of Bank Nifty and both have declared below par results.
  21. Bank Nifty rallying in these situations isn't permissible.
  22. Nifty might Trade between 15550 to 15820 today.
  23. Big range today due to expiry.


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

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

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.