Skip to main content

Pre - Market Report (29th May 2020)



  1. U.S Markets down 400 Points today morning.
  2. Fears & Concerns over the U.S - China has escalated recently.
  3. Asian Markets are Mostly Trading Negative.
  4. SGX Nifty is now Trading near 9400.
  5. Yesterday as Expected the Upside rally Continued .
  6. 9400 was taken away on the Nifty and we closed near 9500.
  7. Patience is the Key. Whole of the May Month Markets were Consolidating and mostly Rangebound.
  8. Those who waited Patiently Enjoyed the Breakout.
  9. Traders those who hurry up the Process might have lost everything in consolidation phase and Couldn't take benefit of the Breakout.
  10. The Dream rally is done now and now it's time to get back to Senses.
  11. India - China border issues have been escalating over the past few days.
  12. Markets are again likely to Consolidate between 9000 to 9500 for some time now.
  13.  Today we will get India's Quarterly GDP data. This data is for Jan - March Quarter.
  14. Anyways that won't be too much of relevance as everyone knows the slow growth in advance due to Corona Virus.
  15. This Weekend we would know if lockdown is being extended or eased in Most parts of the Country.
  16. FII's were net Buyers Yesterday and due to them covering the Shorts the Markets might have Rallied.
  17. Monsoon is likely to be normal, expected to reach Kerala on first week on June.
  18. Expect Nifty to trade between 9000 to 9500 for some time now.
  19. Broader range is likely to be 8800 to 9850 for the June series.
  20. Expecting the Markets to be highly Volatile within this Range.
  21. Expect Financial Stocks to weaken today due to some Profit booking.
  22. Today's trade is to sell near 9450-9500 with a Stoploss above 9500 on Nifty.
  23. If our levels don't come then we don't trade 
  24. We Shouldn't be slaves of the Market and keep running behind it.
  25. We should wait for our levels to come and then initiate a trade.
  26. Do not carry any Positions over the Weekend.
  27. Nifty is likely to trade between 9300 to 9500.
  28. stocmarketadvisory.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