Skip to main content

Pre - Market Analysis (19th June 2020)


  1. US markets ended on a Flat Note Yesterday.
  2. Asian Markets are Mostly Mixed with a Negative Bias.
  3. SGX Nifty is down 50 Points and Trading near 10030.
  4. Yesterday the Markets have given a strong move over 10000 levels.
  5. This was Mainly due to Short Covering.
  6. Due to Indo - China Disputes many people have anticipated a War like Situation and shorted the Markets.
  7. Also PM Modi spoke about the Economy Yesterday which caused a Positive sentiment.
  8. Yesterday the Resistance of 10000 got taken away and we Witnessed a huge short covering.
  9. Yesterday I Sold 10050 Call Option at ₹7.
  10. I exited with a loss of 2-3rs here as Markets gave a big Breakout.
  11. If I had not exited and kept this for 2 Minutes more it would have eaten away my Entire profits.
  12. Such was the Momentum of Markets Yesterday.
  13. AGR Case has also been Deferred to July by the Supreme Court.
  14. FII's were net sellers Yesterday but not by much.
  15. However DII's have come to the rescue and were net Buyers Yesterday.
  16. The pace of FII selling is reducing.
  17. 9700 is a strong support on Nifty now.
  18. In Spite of such Negative news like War etc Nifty was not able to break 9700.
  19. This shows there is strong Momentum in the Market.
  20. Market is likely to Consolidate for some time now and give a Breakout.
  21. Reliance will be the Hero of the Next Bull Market.
  22. Reliance has backed another investment of 2.3% in Jio Platform Yesterday.
  23. I have suggested it for Long term Investment at ₹1400. Keep holding it for targets of ₹2000-₹2300.
  24. Will be looking to sell Put Options on every major dip on Nifty and construct Bull Call Spreads.
  25. India VIX was also down Yesterday which shows that there is no fear RELATING to Indo - China Border issues.
  26. This expiry range would be between 9700-10300 on Nifty broadly.
  27. If 10300 gets taken out then we may Witness 10500.
  28. Strategy remains to keep Accumulating positions on dips & hold for that Breakout.
  29. Market is likely to Consolidate today after such a huge rally Yesterday.
  30. Nifty might Trade between 9920-10120 today.
  31. Do not carry any Positions over the Weekend.
  32. 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