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Pre - Market Analysis (8th October 2021)


  1. U.S Markets closed higher Yesterday.
  2. Asian Markets were on fire Yesterday.
  3. Right now the Dow Futures and Asian Markets are higher.
  4. SGX Nifty right now is at 17860.
  5. Usually when the Wednesdays are very volatile it's always a sideways expiry.
  6. Yesterday was quite a silent and sideways expiry.
  7. From today we will be having Corporate results coming up.
  8. TCS will be the first company to declare results.
  9. My Gut feeling is that this Quarter is going to be fantastic for all the sectors and profits would be the highest ever witnessed.
  10. Many of the promoters and Directors will be surprised looking at the performance.
  11. Demand is quite high across all the sectors currently.
  12. Yesterday Mahindra lauched XUV and 25000 bookings were done in 57 minutes.
  13. These are some extraordinary numbers reported by any Auto Company.
  14. Diwali is coming up and last year Indians couldn't celebrate it due to Covid.
  15. This year we Indians would be celebrating it twice as grand as possible.
  16. Titan has shot up 10% due to Festive demand.
  17. Today the Major event is RBI policy.
  18. RBI Governers comment would be closely watched and Bank Nifty is likely to be Volatile.
  19. I expect no change in stance relating to interest and Bank Nifty to cross 38k today.
  20. Things are looking really bullish in the current scenario.
  21. Nifty might Trade between 17750 -17950 today.
  22. stockmarketadvisory.in

Comments

Anonymous said…
Happy to see that u start adding bank nifty in your blog
8 October 2021 at 10:25
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