Pre - Market Analysis (21st March 2023)

1. U.S Markets closed higher yesterday.

2. Right now , U.S Futures are slightly higher.

3. SGX Nifty is up 80-100 Points.

4. Asian markets are mostly higher.

5. Yesterday Nifty did retest the previous low of 16850.

6. Intact nifty broke 16850 and went another 20-30 Points lower.

7. During the end of the day there was a short covering rally witnessed.

8. Global markets are in turmoil.

9. This is the reason FII's are selling heavily.

10. They have sold for more than 12000 crores since SVB news is out.

11. These are monstrous selling numbers.

12. All the major large cap stocks also look weak.

13. If the market has to recover, this is the

level

14 . Nifty at major support level of 16850.

15. Reliance near major support level of 2200.

16. Reliance for the last 1.5 years has been hovering between 2200 and 2800.

17. A pullback rally is due and this is the place from where we could have one if we should.

18. If 16850 is taken out and we close lower then we could witness much lower levels.

19. 16850 to 17250 is the larger range for nifty now.

20. Nifty might trade between 16900 to 17200 today

21. stockmarketadvisory.in

Comments

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.

All you Need to know about Stock Markets

Search This Blog