FIN Nifty Expiry!! (23rd May 2023)

1. U.S Markets closed mixed Yesterday.

2 Right now , Dow Futures are slightly higher.

3. SGX Nifty is higher by 40-50 Points.

4. Asian Markets are higher.

5. Yesterday was a momentum continuation day.

6. Nifty carried its momentum from Friday and closed at the highs of the day.

7. Last 2 trading sessions , Nifty has closed at the highest point of the day.

8. Before the last 2 trading sessions, for 3 consecutive trading sessions Nifty closed in red.

9. Nifty had reversed from 18400 levels all the way to 18050 levels.

10. In the last 2 trading sessions , it has reversed all the way from 18050 levels to 18300.

11. The larger trend of the markets is Bullish.

12. In was just a shake off in between to cut the weak longs off.

13. Markets was in a continued upswing and almost everyone was long on the markets.

14. Hence it was a jerk to cut the weak longs off.

15. 18050 to 18400 is the bigger range for Nifty now.

16. Nifty is trading violently within this range.

17. Volatility has increased in this final week of trading.

18. There have been sudden and drastic moves during Intraday.

19. I would taking a trending move only when 18050 or 18400 is taken out.

20. Until then , would prefer to trade the range.

21. After FIN Nifty expiry, Tuesdays have become highly Volatile.

22. Nifty might trade between 18200 to 18450 today.

23. stockmarketadvisory.in

Comments

Pre - Market Analysis (30th Jan 2022)

1. U.S Markets closed higher on Friday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is up 30-50 Points. 5. There's no point discussing Global markets today. 6. As we are dealing with our own local issues as of now. 7. The talk of the town is Adani Group. 8. Every stock Market participant during last 2 days have not spent as much time with their wife /gf /husband /bf as they have spent on researching Adani stocks. 9. They shouldn't have wasted so much time in research and should've spent their time with loved ones. 10. As Ultimately my Pre Market report would clear all. 11. Now , the Adani stock price has gone below the FPO price. 12. FPO price is in the range of 3100-3200 and stock price is around 2800 13. Who will subscribe to FPO when they can buy shares much cheaper from the Market? 14. Also over the weekend Adani has come up with a 450 page report addressing one by one the allegations made by Hindenberg. 15. I haven't

Pre - Market Analysis (2nd Feb 2022)

1 U.S Markets closed lower Yesterday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is down 150 Points. 5. Yesterday was the Fed event in U.S 6. It was expected that they would raise rates by 25 basis points. 7. The same happened yesterday and in spite of that Markets crashed yesterday. 8. Yesterday was a highly Volatile day. 9. Markets were all over the place yesterday. 10. Before the budget , markets were higher. 11. During the budget , markets were flat. 12. After 1 pm markets were at the peak of Volatility. 13. Bank Nifty was down 1000 points by 2.45 pm. 14. In next 30 minutes it recovered all of its losses. 15. The budget was neither good nor bad. 16. The income tax slabs have been revised but also the insurance benefit has gone. 17. All the Insurance companies crashed yesterday. 18. This is a structural change coming out of budget now. 19. Adani stocks crashed yesterday. 20. So clearly there was valuation over hang which is gettin

Nifty hits 17k (15th March 2023)

1. U.S Markets closed higher yesterday. 2. Right now , U.S Futures are lower. 3. SGX Nifty is up 80-100 points. 4. Asian markets are mixed. 5. There has been 4 days of relentless selling in our Markets 6. The reason doesn't seem to be Banking collapse in United States. 7. U.S Markets have settled after a knee- jerk reaction. 8. Our Markets haven't settled yet. 9. This isn't a selling like the previous ones. 10. Previously FII's used to target few nifty stocks 11. Used to sell them and create panic. 12. This selling is now an all around selling. 13. Broader Markets have been bleeding extensively. 14. There is pain all around. 15. Now 17300 becomes a very important resistance. 16. Nifty might retest 17300 and then break 17k. 17. Markets won't collapse in a hiff. 18. There would be intermittent rallies in between to take weak shorts out. 19. FII's have now been selling aggressively. 20. Nifty might trade between 17000 to 17300 today. 21. stockmarke

All you Need to know about Stock Markets

Search This Blog