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Pre - Market Analysis (21st Feb 2022)

  1. U.S Markets closed lower on Friday.
  2. Right now Dow futures are higher.
  3. Asian markets are mostly lower.
  4. SGX Nifty is near 17260.
  5. Suggesting a flat start for the day.
  6. This Russia - Ukraine issue seems to be blown out of proportion.
  7. Markets are reacting to every headline news and that's not at all a good sign.
  8. Slowly we would be forgetting these temporary issues and Market would focus on larger issues.
  9. 17000 PE & 17500 CE has highest open interest.
  10. Next 4 days expect the Volatility to be high.
  11. LIC IPO date has been set to 11th March and even without listing details the Grey Market Premium is lower.
  12. The timing of this IPO is totally wrong in my opinion.
  13. The Market I sense is narrowing on the upside and soon downside range could expand.
  14. We went to 18600 in October , never again we tested it.
  15. Next high was 18300 , then 17800 etc so the upper levels are reducing.
  16. Whereas on the lower side we have tested 16800 multiple times.
  17. So this continues to be sell on rally Market but be careful of large pull backs.
  18. I feel 16800 should be a very good support for this expiry.
  19. If you are an investor , it would be a very difficult year to make money.
  20. Specially in Mid and small caps.
  21. So do not expect extraordinary returns and park funds into bluechip stocks rather than junk.
  22. This would reward you in future.
  23. Nifty might Trade between 17100 to 17400 today.


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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

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