Skip to main content

Pre - Market Analysis (3rd June 2022)

  1. U.S Markets closed higher Yesterday.
  2. As soon as U.S Markets opened it fell 300 points.
  3. Then market rallied from -300 to +450.
  4. U.S VIX crashed 5% yesterday.
  5. SGX nifty is indicating almost 200 point gap up today.
  6. SGX nifty is close to 16800 today.
  7. Market is likely to open close to resistance levels today.
  8. 16400 to 16800 is the range in which we are trading this weekly expiry.
  9. So if 16800 is crossed 17000 and 17200 open up 
  10. 16400 is a super strong support now.
  11. Yesterday Nifty opened close to lower range and today it's opening at higher range.
  12. So 400 point move in just 1 trading session.
  13. Yesterday expiry as expected was quite rangebound.
  14. Suddenly now everything seems to be okay.
  15. In May month it was world coming to an end when you look at stock market
  16. June has been a bullish beginning so far.
  17. Im not confident of chasing this gap up at open.
  18. Will wait for a retest of yesterday's low near 16650 or close to 16700 and will look to build longs.
  19. Today we also have U.S jobs data so again that effect will be seen on Monday.
  20. Better not to carry positions over the weekend.
  21. Nifty might Trade between 16650 to 16850 today.


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

U.S Markets firing 🔥 (8th Feb 2024)

1. U.S Markets closed higher Yesterday. 2. U.S Markets are trading at their all time high on daily basis. 3. S&P 500 is now at 5k. 4. This has been a stellar show across the globe. 5. We have an Election Year in the U.S as well. 6. As you might not be aware more than 45% U.S citizens invest in stock market. 7. So for the Government to have a good impression and to gain vote Bank stock market have to be kept higher. 8. Government and FED will do what all they can to keep pro markets  9. Bank Nifty showed signs of comeback yesterday but the rally failed again. 10. Largecap stocks continue to underperform whereas Mid & Small caps continue to soar new highs. 11. Once a trend develops in the markets it can go on for a long time than expected. 12. Interestingly , I was doing some number crunching yesterday and found that small & mid cap companies have given better than expected results than large caps. 13. Most of the large caps have disappointed. 14. Star of the pack

Show me a negative news? !! (3rd June 2024)

1.U.S Markets closed higher on Friday.  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 500 Points. 7. There is a list of Positive news. 8. Which one do you wish to hear first? 9. Ok let me start. 10. First the GDP at 8.2% is a fantastic growth by India. 11. This shows that we are the only Country who is growing and is capable of growing in future at this rate. 12. GST Collections at 1.73L crore. 13. Just previous FY , we had hit 1L crore collections. 14. Now we are on the way to 2L crore. 15. More GST collections implies higher growth in the economy etc. 16. Next is the Global sentiment has changed. 17. Dow has rallied more than 500 points on Friday.  18. FII's F&O Positions indicate the are hugely short on the markets. 19. Next,  the exit Poll survey which indicates that the present Govt is likely to continue.