Skip to main content

Pre - Market Analysis (30th June 2020)


  1. U.S Markets closed Positive Yesterday.
  2. Asian Markets are also Mixed with a Positive Bias.
  3. SGX Nifty is up 50 Points.
  4. We are in a Market with no follow through.
  5. This is a Swinging Market.
  6. Swinging Market is one in which Market goes to the top end of range or bottom end of the Range.
  7. People Start Prediciting a big Breakout or Breakdown but Market reverses immediately.
  8. This is a Market to trade on reversals.
  9. This is not a Market to trade for follow Through.
  10. PM Modi to Address the Nation at 4 pm today.
  11. When MODIJI comes at 8 pm , there is a big news.
  12. When MODIJI comes at Morning there is a bit of Encouragement speech from their side.
  13. Now the time is 4 pm , my Gut feeling is MODIJI would be speaking about Corona Virus & Lockdown.
  14. But most importantly , speaking about Boycotting China.
  15. Large Number of Youths use China Apps so the Gut feeling is a talk on that front.
  16. FII's were net sellers Yesterday but DII's are supporting our Markets.
  17. DII's were net Buyers Yesterday.
  18. 10200 to 10500 is the Range in which Nifty is Trading for quite some time now.
  19. Nifty was Unable to 10200 and it has tested this level twice now.
  20. Same Applies for the level of 10500.
  21. I will take Directional bets once any of this gets breached .
  22. Until then the idea is to be a Mean Reversion Trader.
  23. Markets have been Consolidating within this Range now for more than a week.
  24. Expecting some kind of range Expansion soon.
  25. This Market is a strong market and rewarding Contra Traders.
  26. Nifty & Bank Nifty Futures both Trading at a very Significant Discount.
  27. If follow through comes then there will be a room for big Short Covering also.
  28. Banking Stocks might Outperform today as HDFC Bank is coming up with fund raising and looking strong.
  29. Nifty might Trade between 10240 to 10380.
  30. stockmarketadvisory.in

Comments

Post a Comment

Popular posts from this blog

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

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