Skip to main content

Pre - Market Analysis (24th November 2021)


  1. U.S Markets ended mixed Yesterday.
  2. Asian Markets and Dow futures are mixed now.
  3. SGX Nifty is up 40,50 Points.
  4. This gap up is without any reason and is likely to be sold into in first half.
  5. Yesterday I mentioned a trading range of 17250 to 17500 for Nifty and that worked well.
  6. First trade of buying near 17250 with a stop of 17200 also succeeded.
  7. Many are trading with money from my blog views but always remember I'm right 60-70% of the times.
  8. When I'm right I make money , when I'm wrong I try to minimize losses to the best possible extent.
  9. Net always I try to be profitable due to this.
  10. So if one is trading from my blog it's on your own risk so please follow strict stoplosses mentioned in Blog.
  11. Indian Govt has banned all the private crypto currencies.
  12. Let me put some data here.
  13. India has 10 crores investors of Crypto currencies whereas 7 crore investors in stock Market.
  14. Stock Market which is such a highly regulated old Market has less investors than the most unregulated and risky Market.
  15. Usually the Wednesdays trades are highly volatile and Market makes all kinds of moves.
  16. It's more likely today as well.
  17. 17600 is likely to act as resistance whereas support could come near 17400 today.
  18. So this could be your range for the day to work with 
  19. Nifty might Trade between 17350 to 17600 today.
  20. stockmarketadvisory.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 (2nd Feb 2022)

1 U.S Markets closed lower Yesterday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is down 150 Points. 5. Yesterday was the Fed event in U.S 6. It was expected that they would raise rates by 25 basis points. 7. The same happened yesterday and in spite of that Markets crashed yesterday.  8. Yesterday was a highly Volatile day. 9. Markets were all over the place yesterday.  10. Before the budget , markets were higher. 11. During the budget , markets were flat. 12. After 1 pm markets were at the peak of Volatility.  13. Bank Nifty was down 1000 points by 2.45 pm. 14. In next 30 minutes it recovered all of its losses. 15. The budget was neither good nor bad. 16. The income tax slabs have been revised but also the insurance benefit has gone. 17. All the Insurance companies crashed yesterday.  18. This is a structural change coming out of budget now. 19. Adani stocks crashed yesterday.  20. So clearly there was valuation over hang which is gettin
1 comment
Read more

Nifty hits 17k (15th March 2023)

1. U.S Markets closed higher yesterday.  2. Right now , U.S Futures are lower. 3. SGX Nifty is up 80-100 points. 4. Asian markets are mixed. 5. There has been 4 days of relentless selling in our Markets  6. The reason doesn't seem to be Banking collapse in United States. 7. U.S Markets have settled after a knee- jerk reaction. 8. Our Markets haven't settled yet. 9. This isn't a selling like the previous ones. 10. Previously FII's used to target few nifty stocks  11. Used to sell them and create panic. 12. This selling is now an all around selling. 13. Broader Markets have been bleeding extensively. 14. There is pain all around. 15. Now 17300 becomes a very important resistance. 16. Nifty might retest 17300 and then break 17k. 17. Markets won't collapse in a hiff.  18. There would be intermittent rallies in between to take weak shorts out. 19. FII's have now been selling aggressively.  20. Nifty might trade between 17000 to 17300 today. 21. stockmarke
Post a Comment
Read more