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Pre - Market Analysis (24th May 2022)

  1. U.S Markets closed higher Yesterday.
  2. Right now Dow Futures are lower.
  3. Asian markets are lower.
  4. SGX nifty is down 30-40 points.
  5. Our Markets for the past week have been moving violently between 15700 to 16400.
  6. This is because of higher uncertainties in the Economy.
  7. Yesterday despite of very good news of reducing fuel prices etc markets couldn't hold on to gains.
  8. This is because such reduction in commodity prices will now be compensated by additional borrowing.
  9. This will cause a negative impact on Economy.
  10. FII's want to sell everything and exit India.
  11. They have been selling huge since past 5 months
  12. Billionaires like Jeff Bezos and Elon Musk are hinting towards recession in coming future.
  13. This is making markets even more jittery.
  14. This Volatility is only due to higher Uncertainties prevailing currently.
  15. I don't think it's going to stop anytime soon
  16. One has to be light on their positions and better be away if not that skilled as this could make you bankrupt.
  17. Yesterday in last hour Nifty crashed 200 points and Bank Nifty crashed 800.
  18. This isn't the first time we are seeing such sudden collapse.
  19. 16400 is a stiff resistance for next 3 days.
  20. The most threating news is even next month Nifty futures are trading discount to spot.
  21. This shows how excessively the Market is Bearish.
  22. One good news can trigger huge rally.
  23. There seems to be no such thing as of now.
  24. Nifty might Trade between 16100 to 16400 today.


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