Skip to main content

Pre - Market Report (20th March 2020)



  1. US markets have Stabilises Yesterday & for the first time in last 10-15 Trading Sessions it has not moves more than 5%.
  2. Asian markets are all positive.
  3. SGX Nifty hit a low of 8000 yesterday night, now trading almost flat.
  4. Yesterday our markets experienced worst volatility.
  5. In first 3 minutes Bajaj Finance fell 20%, then shot up 20% only to fall 10%.
  6. 50% move in just one trading session, that too for a bluechip stock.
  7. Same was the case with many other stocks like HDFC Twins, Kotak Bank etc.
  8. Nifty fell 700 points then shot up 700 points and then fell 300 points.
  9. That is a total swing of about 20%.
  10. FIIs continue to sell at an amount of 4000 to 5000 crore.
  11. This kind of selling has not happened even in 2008.
  12. Now commodities also moving violently.
  13. Crude down 25% one day, 25% up next day.
  14. Coming to today's trade. I am expecting some Recovery/ short covering today.
  15. PM hinted some stimulus by saying 'Economic Task Force" headed by FM.
  16. Govts all over the world are taking some steps.
  17. So it will make sense for short sellers to cover the shorts today (and to short again on Monday morning) so as to avoid loss due to any big gap up.
  18. They are not likely to lose, as markets are at very low level, possibility of gap down is very low.
  19. Though markets were very bad, stocks like HDFC Bank closed in Green yesterday.
  20. Moreover, we can expect LIC to enter again today afternoon, to support the market.
  21. We have fallen almost 4400 Points on Nifty from it's all time high of 12400. Won't be Surprised if we can recover for 500-600 Points from here on.
  22. Incremental Shorting is not Adviced at current levels as your risk / reward doesn't favour.
  23. Trading for a Bounce / Pullback rally has risk /reward ratio of 1:3 which I prefer to Trade.
  24. However , im a Trader and I may be Wrong and have every right to change my Positions when I am wrong , so if my plan is not being respected by the Market I may alter it.
  25. Finance Minister may at anytime announce STIMULUS PACKAGE for Corona Virus this Weekend. Also there would be a whole lot of news related to Corona Virus so always Adviced not to carry fresh Positions over the Weekend.
  26. stockmarketadvisory.in

Comments

Post a Comment

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...
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

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