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Pre - Market Analysis (29th April 2022)

  1. U.S Markets closed higher yesterday.
  2. Global cues have finally turned Positive in short run.
  3. SGX nifty is up 60-70 points.
  4. Amazon declared results after Market hours.
  5. Due to Poor Guidance , the stock fell 8-10% after results in pre Market.
  6. Apple in spite of beating street expectations is down 3% due to cautious guidance for the next quarter.
  7. Asian markets are higher.
  8. Yesterday it was a surprising and a fantastic expiry for Bulls 
  9. I had pointed out it wasn't the time to go short and focus on building longs.
  10. Market has obliged.
  11. Now I sense the momentum and upside could continue further.
  12. Both FII's & DII's were net buyers yesterday.
  13. Remember this is an year of Mean reversion and not a trending year.
  14. So when markets rally a lot that's when it's the time to short near all time highs.
  15. When markets crashes and bleeds look for longs.
  16. This is a reversing Market with huge Volatility.
  17. Contra trades would only succeed in such Market.
  18. After yesterday's rally we have turned into buy on dip mode.
  19. Most importantly , US VIX has crashed 10% yesterday.
  20. Expecting India VIX to go down by 4-6% today.
  21. IT has been underperforming from quite some time , this is the time to accumulate IT stocks and HDFc twins.
  22. These are quality themes in the long run
  23. Nifty might Trade between 17200 to 17400 today.


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Pre - Market Analysis (18th August 2022)

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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