Skip to main content

Pre - Market Analysis (1st September 2021)


  1. U.S Markets closed flat Yesterday.
  2. Asian Markets are higher now.
  3. Dow Futures are higher.
  4. SGX Nifty is Trading near 17150.
  5. Yesterday Nifty broke out of 17k.
  6. From past many Months I've been observing that Market makes a big move in first two weeks.
  7. Last few weeks there's Consolidation.
  8. This Month is no different.
  9. September expiry is a long expiry of 5 weeks.
  10. In the first week itself Nifty has witnessed almost 500 points rally.
  11. Bank Nifty did not participate in Yesterday's rally.
  12. India VIX was up 10% Yesterday even when Markets were roaring higher.
  13. This proves the fact that VIX doesn't rise only in falling Market.
  14. Even in rising Market , if Market goes up too fast in too less time then Call writers will be trapped.
  15. They would then look for cover to cut losses.
  16. This takes Market even higher.
  17. 17000 CE had the highest Open interest in weekly expiry.
  18. As soon as we breached 17k we witnessed a massive short covering.
  19. Today I expect a Consolidation on Nifty with slightly positive bias.
  20. Yesterday I mentioned that After GDP data Market might cross 17k.
  21. This turned out be wrong as Market crossed 17k Yesterday itself.
  22. Nifty might Trade between 17000 and 17250 for this Expiry & today as well.
  23. stockmarketsdvisory.in

Comments

Post a Comment

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
Post a Comment
Read more

Pre - Market Analysis (18th August 2022)

U.S Markets closed Flat Yesterday. Asian markets are mixed. SGX Nifty is close to 17940 right now. Yesterday markets broke out of 17900 and now are closer to 18000. 18000 is important as 18000 CE has the highest open interest. Highest amount of calls have been written for 18000 CE strike price. Plus round figures always act as psychological resistance too. Today is the weekly expiry and as of now the range is 17800 to 18000. 17800 is a strong support level and 18000 might act as resistance. Markets will gain steam once 18000 is taken out. Today could be a side-ways expiry. But nothing can be said as markets can always surprise you. IT Index has crossed 30k. Sensex yesterday hit a landmark of 60k. Sensex and Nifty both are now just 3% away from all time highs. So this isnt just a Bull Market , it's a raging Bull Market. India VIX closed below 18 yesterday. Bank Nifty is close to important levels of 40k. Once these important levels are taken out then we move towards all t
Post a Comment
Read more

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
Post a Comment
Read more