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Pre - Market Analysis (27th August 2021)

  1. U.S Markets closed lower Yesterday.
  2. Right now , U.S Futures are higher.
  3. Asian Markets are higher.
  4. SGX Nifty is Trading near 16670 now.
  5. August Series was a Fantastic one for the Bulls.
  6. Nifty broke out of 16k in the first week and then it was no looking back.
  7. Nifty has rallied 700 Points in August series.
  8. Bank Nifty is the problem.
  9. Bank Nifty is at the same level as it was on August beginning.
  10. Banks are struggling to perform.
  11. SBI always comes up with great results but the Stock never moves.
  12. Infact the Stock is lower than the results price.
  13. IT Stocks have been on fantastic Bull run and there's no signs of stoppage.
  14. Infosys even after facing related to its Income Tax Portal continues to rally.
  15. 16700 is a resistance for Nifty it's just a matter of time before we cross this level.
  16. Expecting the rally to Continue but not at such faster pace.
  17. It's not wise to think about a crash now and take short positions.
  18. Trends take a long time to bend.
  19. Until then it's wise to follow the trend and focus on making money than acting as a genius and shorting the Market.
  20. Nifty might Trade between 16580 to 16720 today.


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Pre - Market Analysis (14th September 2022)

U.S Markets closed lower Yesterday. Dow Jones & S&P 500 crashed 4% each. Nasdaq crashed 5% Yesterday. SGX Nifty is indicating a 300 point massive gap down today  Asian markets are lower. Reason is the U.S Inflation data which got released yesterday. Inflation data arrived was at 8.3% . This Data was higher than the expected data. Market wasn't expecting Inflation data to be above 8%. But this data shocked the markets. Yesterday Dow futures were higher till Inflation data was announced. They were higher by 200 points. As soon as Inflation data got announced it spooked the markets  U.S VIX rose 15% Yesterday. Right now Dow futures are slightly higher. 17800 is a strong support for Nifty. It this holds we can expect fall to reduce. Fall shouldn't be drastic if Nifty holds 17800. Yesterday many traders had longs as Nifty closed above 18k. All these traders will be chopped off due to this gap down. Nifty might Trade between 17700 to 18000 today. stockmarketadviso