Skip to main content

Pre - Market Analysis (18th April 2022)


  1. U.S Markets closed lower on Thursday.
  2. Asian markets are all lower.
  3. Dow futures are lower right now.
  4. SGX Nifty is down 250 points.
  5. Indicating a huge gap down at the open.
  6. Reason is the Global markets underperformance plus not so good corporate results.
  7. Infosys has disappointed and missed earnings by street estimates.
  8. Infy ADR was down 9% in last 2 trading sessions in U.S
  9. Hdfc bank also missed earnings but asset quality has been improved.
  10. Today we can expect huge gap down openimg in infy.
  11. Hdfc bank has limited downside left because it has already fallen a lot after the merger news.
  12. 17150-17200 is a strong support on Nifty and this is where 200 DMA kicks in.
  13. If you are a Bull this is a large support area.
  14. Markets are oversold and this offers a good opportunity to go long.
  15. Nect support comes in at 17k.
  16. If global markets keep declining then no support would work.
  17. Bank Nifty 200 DMA kicks in at 36800.
  18. Bank Nifty looks much stronger than Nifty currently as IT isn't included in it.
  19. After such huge gap down there's no point shorting the Market.
  20. Pullback rallies can be quick and speedy.
  21. So look for levels to go long for a Intraday recovery.
  22. The Bull trend changes below 17200.
  23. If we close below 17200 on nifty then it's time to be bearish.
  24. Great companies may underperform for few quarters but that doesn't mean they have suddenly lost their mojo.
  25. Infosys is a great company and this underperformance is a great opportunity to accumulate for long term.
  26. Because 17200 was the recent high and then we went all the way below 15700 during war.
  27. Nifty might Trade between 17200 to 17500 today.
  28. 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