Consolidation (19th April 2023)

1. U.S Markets closed mixed yesterday.

2. Right now , U.S Futures are trading mixed.

3. Asian markets are mixed.

4. SGX Nifty is indicating a gap down of 40-50 points.

5. I had mentioned on whatsapp that I'm expecting a retest of 17700 -17650 soon.

6. Yesterday Nifty almost touched 17600.

7. Market opened with a slight gap up opening yesterday.

8. This gap up was immediately sold into

9. Market from there recovered and went higher again.

10. Yesterday for the whole day Nifty was trading in a tight range.

11. 17600 to 17700 was the range.

12. Within this range consolidation was on.

13. Bank Nifty range was 42000 to 42400.

14. In this range there have been many ups and downs yesterday

15. Markets are In a consolidation stage with slight negativity.

16. Consolidation is always good as Markets find time to settle and make a larger move later on.

17. Yesterday it was the FIN Nifty expiry.

18. Premiums were too less yesterday but markets moved violently.

19. Reliance is the stock on radar.

20. It has strong support near 2180-2200 and the CMP is 2300 , one could consider buying currently with a target of 2600-2800. (Short term Call)

21. Nifty might trade between 17600 to 17800 today.

22. 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