Skip to main content

Pre - Market Analysis (3rd May 2021)


  1. US Futures are slightly Positive.
  2. Asian markets are Negative.
  3. SGX Nifty is down more than 200 points.
  4. By 7.45 it was down 80 Points but now SGX is down more than 200 points.
  5. BJP's defeat in Bengal , Corona Virus cases rising heavily and FII's selling are the reasons for such a big gap down in SGX.
  6. Last week , Nifty rallied from 14150 to 15050 in 4 days.
  7. Next 2 days we are now near 14500.
  8. This is some kind of insane Volatility.
  9. The spikes are okay but the Volatility is too high.
  10. Friday, FIIs have sold for more than ₹3500 crores.
  11. Many States have been resorting to fresh lockdowns.
  12. So the picture doesn't seem good.
  13. Only Positive news is GST Collections.
  14. In spite of issues faced in Economy , Lockdown and Corona Virus GST collections touched another record high of 1.4L crores.
  15. Reliance has announced its results over the weekend and it's in line with the Expectations.
  16. Today Kotak Bank is likely to come up with its results.
  17. Auto Sales numbers were not upto the mark and were weak due to the lockdowns at various status.
  18. Though Maharashtra is showing improvement at Corona front many other states are taking the heat.
  19. Analysing / Predicting the trend is very difficult in this Environment but I feel Nifty should witness some recovery during Intraday.
  20. DII's might also support the Markets at lower levels.
  21. 14200 PE has the highest open interest and 14800 CE has the highest open interest on the higher side.
  22. We might expect a support at lower levels.
  23. Nifty might Trade between 14380 to 14620 today.
  24. 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. 20. Com
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 to the low for A
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