Skip to main content

Pre - Market Analysis (10th Feb 2022)


  1. U.S Markets closed higher yesterday.
  2. Right now Dow futures are lower.
  3. Asian markets are lower.
  4. SGX Nifty is near 17500.
  5. Suggesting a positive opening for the day.
  6. Today the talk of the town is RBI Policy.
  7. RBI policy was originally scheduled yesterday but it got postponed to today 
  8. Interestingly , we got weekly expiry today as well.
  9. RBI policy is expected to be out by 11 today and the general expectation is rise In repo rate by 20 basis points.
  10. Majorly , RBI governer comments about inflation etc will be closely monitored.
  11. I somehow feel RBI will increase by 20 basis points and we will have some profit booking today.
  12. Market has rallied much before RBI policy so I feel the upside from here in very limited.
  13. 2022 seems to be a year of Consolidation with huge Volatility.
  14. Upto now Nifty has been moving violently within 16800 to 18600.
  15. 50 DMA is at 17620 and a bigger resistance is at 17800.
  16. As we went all the way to 17050 from 17800.
  17. This isn't a market where you take positions and play for bigger gains.
  18. This is a volatile market and you should get in and get out quick.
  19. Holding Positions till expiry will cause big damage.
  20. IT sector is close to 200 DMA and the first test of 200 DMA always allow a good buying opportunity in a Bull Market.
  21. Nifty might Trade between 17300 to 17600.
  22. stockmarketadvisory.in

Comments

Post a Comment

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
Post a Comment
Read more

Global Shock !! (6th August 24)

1. U.S Markets closed lower YESTERDAY.  2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation.  11. All these news have spooked the Global Markets.  12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday.  14. Although it doesn't impact us at all  , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive  16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low to the low for A
Post a Comment
Read more

Global Markets Mayhem !! (5th Aug 24)

1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20.  stockmarketadvisory.in
Post a Comment
Read more