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Pre - Market Analysis (4th March 2022)

  1. U.S Markets closed lower yesterday.
  2. Right now Dow futures are down.
  3. Asian Markets are all trading lower.

  4. Reason of such negative sentiment is due to the above .
  5. SGX Nifty is now at 16250.
  6. Many including me thought Russia Ukraine War was a one off event.
  7. Negotiations would happen and finally everything would come at peace.
  8. But right now that's not the case.
  9. This doesn't seem to end anytime soon.
  10. The more the attack goes on the more likely war fears are going to escalate.
  11. Even if this War subsides we still have many other issues.
  12. Inflation, Interest rate hike being the major of them.
  13. We are likely to open below 16400 as SGX Nifty is suggesting.
  14. The next immediate support is at 16200.
  15. This was the low we made on Feb 24th Expiry day.
  16. If 16200 is taken out then downside remains open.
  17. As I've been suggesting from lot of time that this is a sell on rally Market.
  18. Use rallies to short the Market.
  19. Bull Market is history.
  20. We havent entered into Bear terrian yet but still we are going through brutal correction.
  21. Be very selective in stock picking.
  22. FII's have sold the highest yesterday In last 6 Months.
  23. 6600 crores is the amount of selling they have done.
  24. In just 2 sessions alone of March they have sold more than 11000 crores 
  25. As of now it looks like March month is going to be brutal for Indian stock Market.
  26. Nifty might Trade between 16100 to 16400 today.


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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