Skip to main content

Pre - Market Analysis (18th October 2021)

  1. U.S Markets closed higher on Thursday and Friday.
  2. Dow Rallied 1000 Points in these 2 days.
  3. Right now Dow Futures are flat and Asian Markets are lower.
  4. China GDP data was announced today Morning which was below Expectations.
  5. Hence , Asian Markets are under pressure.
  6. SGX Nifty is Trading near 18420 now.
  7. It has been a dream run for our Markets in October.
  8. October 1st low was 17450 and now it's nearly a 1000 Point rally considering SGX.
  9. This rally is without the support of IT index.
  10. Bank Nifty has also witnessed a phenomenal rally of close to 2500 Points for October.
  11. The talking Point over the weekend was HDFC Bank results.
  12. Media has been reporting it's above Expectations but the issue here is Stock has already rallied before results.
  13. Any disappointment found in results would lead to a big fall.
  14. TCS hit fresh ATH before results of 4000 , results were not that bad but the Stock fell.
  15. Move after the results is quite difficult to predict because it's totally onto the Expectations.
  16. This week also has lots of results lined up.
  17. Reliance and ICICI Bank are heavyweights of Nifty and Bank Nifty.
  18. These will be coming with results over the weekend.
  19. Will be interesting to see HDFC Bank's movement post results.
  20. 18500 could act as a stiff resistance today for Nifty.
  21. It's time to be cautious as I feel Market has run up too quick too fast.
  22. 18250-18300 would be good zones to enter into for short term traders.
  23. Nifty might Trade between 18300 to 18500 today.


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

Reversal from 20k (24th July 2023)

1. U.S Markets closed lower on Friday. 2. Dow Jones was flat. 3. Nasdaq was the underperformer. 4. Gift Nifty is down 30-40 Points. 5. Asian markets are mostly lower as well. 6. Friday the Nifty opened with a gap down of 200 points. 7. Within the next 10 minutes , Nifty recovered 100 points. 8. Bulls expected recovery is on the cards but Nifty started to Crack. 9. Bank Nifty was holding up Nifty for most of the while. 10. It couldn't be able to provide much of a support and Bank nifty also began to correct. 11. The issue now is market has had vertical rallies. 12. One way quick rallies so now the downfall will also be vertical. 13. When markets go up quick , they come down quicker. 14. Infy dragged the mood and also HUL didn't post extraordinary results so it was also a laggard. 15. Banks tried hard to hold the markets but couldn't. 16. Over the weekend , AU Bank and icici bank reported very good numbers. 17. These banks have already rallied a lot before results