Skip to main content

Pre - Market Analysis (13th April 2021)


  1. US markets closed almost flat.
  2. It was a Consolidation day for U.S Markets Yesterday.
  3. S&P 500 was up but DOW and Nasdaq was down.
  4. Asian Markets are all Trading higher.
  5. SGX Nifty is now near 14400.
  6. Yesterday was one of the worst falls in the history of Stock Market.
  7. A 2000 Point Blood bath in Bank Nifty and 500 Point Blood bath in Nifty.
  8. Yesterday I mentioned that 14500 is a good support and if it breaks weakness will extend.
  9. Next support now is 14200 -14250 as this the previous Month low.
  10. If we break this level then 14000 will be witnessed.
  11. Markets didn't break 14250 Yesterday.
  12. Markets might again test that level in the first half and if it holds on we might rally in second half.
  13. If it breaks then Bloodbath will continue.
  14. Bank Nifty is the weakest index currently.
  15. For 2021 Bank Nifty has turned negative.
  16. This shows the extent of selling in Banking stocks.
  17. I will be Bullish for the Expiry only after Nifty crosses 14450 firmly.
  18. Until then I'd be bearish.
  19. TCS has declared very good results Yesterday with highest order wins.
  20. Infosys has announced buy back so it has a positive sentiment surrounding it.
  21. IT Stocks can hold the Markets today.
  22. Nifty might Trade between 14200 -14480 today.
  23. India VIX notched up 15% higher Yesterday.
  24. Premiums were highly attaractive Yesterday considering only 2 working days left for this week Expiry.
  25. I made use of the same and sold 14000 PE & 14650 CE.
  26. Will do adjustments if we break 14200 or Cross 14500.
  27. 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