Skip to main content

Pre - Market Analysis (22nd June 2022)


  1. U.S Markets closed significantly higher yesterday.
  2. Right now Dow futures are lower.
  3. SGX nifty is lower.
  4. Yesterday it was a pleasant surprise for the Bulls.
  5. Nifty was trading violently between 15200 and 15400.
  6. This range held upto Friday and Monday.
  7. Yesterday as soon as this range got broken on the higher side , there was a big rally.
  8. The rally was so severe that Nifty even tested 15700.
  9. More than 400 points short covering rally.
  10. In Bear market the rallies are even more fast & furious.
  11. These rallies do not last long and get punctured eventually.
  12. Infosys ADR was up 5% Yesterday.
  13. Yesterday there was big addition of Open interest in Put options.
  14. There was big unwinding in Call options.
  15. What next from here is the big question.
  16. Now the range has shifted to 15400 & 15700.
  17. Why 15400 because Nifty broke out of 2 days consolidation from this level.
  18. Why 15700 because Nifty faced resistance near this zone yesterday.
  19. This is a market where you shouldn't pre-empt much and just follow what it shows.
  20. We are not out of the Woods yet and such short covering Rallies should provide an opportunity to sell in longer term.
  21. March 2020 the Bull Market started and lasted till October 2021.
  22. It's about 18 months.
  23. My Experience shows Bear markets last a bit longer than Bull Markets.
  24. So time to stay cautious.
  25. Nifty might Trade between 15400 to 15700 today.
  26. stockmarketadvisory.in

Comments

Post a Comment

Popular posts from this blog

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

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...
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...
Post a Comment
Read more