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Pre - Market Analysis (4th May 2022)

  1. U.S Markets closed higher in the last 2 trading sessions.
  2. On Monday night U.S Markets went closer to 52 week lows and there was a sharp recovery 
  3. Dow recovered 500 points in the last hour of trade.
  4. Yesterday as well the momentum did continue.
  5. Asian markets are higher.
  6. SGX nifty is flat.
  7. Today is the most awaited decision day.
  8. U.S fed rate hike.
  9. I sense it's already priced in into the markets.
  10. Risk - reward favours going long now.
  11. I sense all the global markets and we have made a short term bottom
  12. Nifty bottom should be at 16800.
  13. Keeping this as stoploss and can go long.
  14. There could easily be a 3-5% rally in Global markets after rate hike news.
  15. 50 basis points in the expected rate hike today.
  16. I don't see there would be any sort of disappointments.
  17. HDFC Bank and hdfc Ltd are showing good resiliency.
  18. Hdfc has posted very good numbers and these 2 stocks have finally stopped falling.
  19. The sentiment is very negative and everyone looks bearish.
  20. Everyone talking Nifty going to 16500 -16000 etc and that's most likely you should be on other side.
  21. LIC IPO is a major headwind and will suck lot of liquidity from the market.
  22. I will give my detailed view on LIC IPO tomorrow in the blog.
  23. I don't see LIC IPO listing at so much discount as Paytm did.
  24. Those who applied for Paytm IPO faced huge losses and hence it disturbed Market.
  25. I see smooth sailing of LIC IPO without a lot of turbulence to market.
  26. Nifty might Trade between 16980 to 17220 today.


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Pre - Market Analysis (18th April 2022)

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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