Skip to main content

Pre - Market Analysis (8th Dec 2020)


  1. US markets closed a bit lower Yesterday.
  2. Right now U.S Futures are also a bit lower.
  3. SGX Nifty is Trading around 13400.
  4. Asian Markets are mostly Flat.
  5. Yesterday even when Asian Markets were lower along with Dow Futures we kept going higher.
  6. 100 Point Gain for Nifty in a day is a joke now.
  7. Almost everyday we are witnessing this Scenario.
  8. Yesterday's rally could be attributed to short covering.
  9. There are excessive shorts in the system and all are being trapped.
  10. FII's inflow not stopping.
  11. It seems like they understand the real Potential of India.
  12. Our Indian People are unable to do so because DII's they keep selling.
  13. I feel this is a time to be cautious on the upside.
  14. We have run up too quick too high.
  15. There has not been any significant Correction since November.
  16. If it comes it will be quick & big.
  17. 13500 CE has the highest open interest in weekly options so this is a resistance.
  18. On the lower side 13000 was the support as it had highest open interest.
  19. But now option writers have shifted to 13200 PE.
  20. So we might consolidate In this range.
  21. As the Vaccine news gets more stronger Pharma stocks keep flying.
  22. Pharma & IT are the places where you should focus as a trader.
  23. Nifty might Trade between 13240-13460 today.
  24. stockmarketadvisory.in
  25. Question of the day

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