Skip to main content

Pre - Market Report (17th April 2020)

 
  1. U.S Markets closed 1% lower Yesterday & Asian Markets & Mixed.
  2. Heavy News Flow lined up for Today Morning.
  3. RBI Governer , MR. Shashikanta Das to address the Media today at 10 AM.
  4. Dow Futures are now Trading 800 Points higher.
  5. Reports Suggest that Gilead Drug is showing Effectiveness against Corona Virus about its Drug Remdesivir.
  6. Trump Announces Guidelines to Re - open the U.S Economy.
  7. SGX Nifty up 300 points as of now ie, 8.35 AM IST.
  8. Traders should be vary of such heavy News flow & it's Implications on the Stock Market.
  9. This week was Excellent for Option Writing as VIX moved Lower.
  10. Today could be a highly Volatile Trading day Considering such heavy News flow.
  11. Nifty facing a Resistance near Zones of 9300 & if it crosses this level the next Resistance level is closer to 9500.
  12. For me Personally it seems like a no trading day as of now Considering such heavy News flow and when there is Analysis Doesn't work
  13. Market just responds and moves according to the news flow.
  14. Carrying Positions over Weekend is foolish Considering new reports coming almost on a daily basis.
  15. Do not Gamble just by carrying Positions & being Biased.
  16. Currently we are in a Rangebound Market and the larger range is about 8800-9300.
  17. One needs to be patient & wait to trade near the Boundaries.
  18. I would Personally not be trading today and Analysing all the news flow , it's Implications over the Weekend to be ready the next week.
  19. However , if anything comes up on my Screen then I may trade in second half of Today's Trading Session.
  20. If Nifty is Unable to breach 9300 and if theres not much Positive news from RBI Governer then we might see a reversal from those zones.
  21. First half of the Trading Session is key today and one needs to Patiently wait & Understand how the Market is responding.
  22. If there are any Trending Moves / Reversals then Intraday Trading Opportunity might emerge in 2nd half of Today's Trading Session.
  23. The Primary Aim should be Protecting your Capital in a Volatile Environment 
  24. Making Money should be Secondary.
  25. When not to Trade is as Important as Knowing When to enter & When to Exit.
  26. IT Stocks look Weak after Companies posted Disappointing results and Shorting Opportunities could be Explored on that front.
  27. Consult your Financial Advisor & Trade on your own risk.
  28. stockmarketadvisory.in

Comments

Post a Comment

Popular posts from this blog

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

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