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Pre - Market Analysis (7th March 2022)

  1. U.S Markets closed lower on Friday.
  2. Right now Dow futures are down by more than a percent.
  3. Asian Markets are all trading negative.
  4. SGX Nifty is at 15800.
  5. Russia - Ukraine fears are not easing yet.
  6. It's 12th day of the War and still we do not have any chance of compromise nor settling down.
  7. This uncertainty creates panic selling amongst the crowd.
  8. That's what is happening right now.
  9. I won't be surprised to see Nifty below 15k by March end.
  10. March would be the worst month for stock market.
  11. We have exit poll results as well.
  12. Positive exit poll results would make Market stable.
  13. Negative results would inch market lower 
  14. VIX above 30 is a big problem.
  15. VIX went above 30 on 2 occasions.
  16. Corona Virus and Lehmann brother collapse time .
  17. As soon as it went above 30 it shot up to 84-86.
  18. Markets made lower circuits and then bottomed out.
  19. Right now the possibility of it happening exists.
  20. If you are a skilled trader you can benefit through this Volatility.
  21. If not better to stay out on cash.
  22. Sometimes , cash is king.
  23. Gold at 19 month high right now.
  24. People use it as a hedge against uncertainty.
  25. Right now Gold is shooting means when Economy is in problem Gold prices shoot higher.
  26. Not giving any range because that's not possible in this Market.
  27. Unless we cross 200 DMA I(right now at 16900) im bearish on this Market.


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Pre- Market Analysis (5th May 2022)

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Pre - Market Analysis (18th April 2022)

U.S Markets closed lower on Thursday. Asian markets are all lower. Dow futures are lower right now. SGX Nifty is down 250 points. Indicating a huge gap down at the open. Reason is the Global markets underperformance plus not so good corporate results. Infosys has disappointed and missed earnings by street estimates. Infy ADR was down 9% in last 2 trading sessions in U.S Hdfc bank also missed earnings but asset quality has been improved. Today we can expect huge gap down openimg in infy. Hdfc bank has limited downside left because it has already fallen a lot after the merger news. 17150-17200 is a strong support on Nifty and this is where 200 DMA kicks in. If you are a Bull this is a large support area. Markets are oversold and this offers a good opportunity to go long. Nect support comes in at 17k. If global markets keep declining then no support would work. Bank Nifty 200 DMA kicks in at 36800. Bank Nifty looks much stronger than Nifty currently as IT isn't included in

Pre - Market Analysis (11th April 2022)

U.S Markets closed mixed on Friday. Dow Jones closed slightly higher. S&P 500 was flat and Nasdaq is very weak. Right now , Dow futures are lower. SGX Nifty is down 100 points. So we are in for a gap down opening today. Friday was a quite interesting day. As expected , RBI policy was a status quo. Nifty broke Thursday low of 17640 and traded below for quite some time. And then for a short squeeze. All the shorts were trapped and we had a big rally. Most importantly , India VIX was down 7% on Friday. I expect markets to consolidate between 17600 to 18100 for a while. I do not see a reason to be excessively bearish now. Markets went from 17700 to 18100 because of hdfc twins. And then crashed to 17600 because of these both stocks. These both stocks have given up all of their gains and are back to Pre merger levels. There is very limited downside now for these stocks and expecting these stocks to bottom out soon 17500 to 17600 is a strong buy zone on Nifty. Also earnings se