Skip to main content

Pre - Market Report (2nd June 2020)


  1. US markets closed 0.5% higher Yesterday.
  2. Asian markets are mostly Positive.
  3. U.S Futures are down after Trump Announcements for deploying more forces to control the Protestors.
  4. SGX Nifty is higher by 30 Points and Trading near 9800.
  5. This has been a big rally for our Markets.
  6. Nifty is up 10% in last 3 days and Bank Nifty is up 17% for the same period.
  7. Yesterday at one point, call options were trading at 1400% premium .
  8. India VIX too inched higher Yesterday.
  9. Still there are some people saying me that they are Shorting the Market on every rally.
  10. They will keep shorting until they go Bankrupt.
  11. From Centuries , people have been saying to follow the Trend.
  12. Trend is very very clear & thats on the upside.
  13. So please don't follow your OPINIONS.
  14. Follow the Trend.
  15. Earlier Nifty tested 10000 twice, so it is a double top.
  16. 10,000 should act as a Resistance for Nifty.
  17. The reason for this rally is big FII's buying.
  18. FII's sold more than 15,000 crore in the Month of May.
  19. In the Month end for May , they started buying and have bought more than 7000 crore in 4 trading Sessions.
  20. Moodys downgraded India rating Yesterday and again people are Expecting markets to crash due to this.
  21. Credit Ratings now a days should be thrown in dustbin. It's of no use at all. 
  22. 9700 should act as a good buying zone for Intraday basis.
  23. If by any reason you get dips closer to that level you should latch on to them.
  24. In Trending Markets if you see a big Candle against the Trend thats a great risk reward trade.
  25. If 10,000 is taken out we can witness 10200-10500 in coming weeks.
  26. Reliance was a long term Suggestion from my side around a month ago.
  27. Those who Regularly read my Blogs should know this and was Suggestion near 1400.
  28. Now it's already up almost 10% in less than a week.
  29. Once Reliance crosses 1600-1650 levels it will keep flying higher.
  30. Must have stock in your Portfolio.
  31. Trade remains to buy on dips closer to 9700 for Intraday.
  32. For Swing Traders the Stoploss should be 9500 and keep building long positions on every dip & be patient for a Breakout to happen.
  33. Markets are likely to Breakout on the Upside in coming weeks.
  34. After this big rally Expecting markets to take breath and consolidate for a few trading Sessions.
  35. 9680 - 9980 should be that Consolidating range.
  36. Financials have bottomed out and will now witness huge short covering rallies.
  37. 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