Skip to main content

Pre - Market Analysis (6th May 2021)


  1. US markets closed Flat once again.
  2. Asian markets are mostly higher.
  3. SGX Nifty is up 60 points.
  4. This week on Friday Closed at 14630. On Monday it closed at same level after 200 point gap down start.
  5. Tuesday we closed around 14500.
  6. And Yesterday again we closed around 14630.
  7. These consolidation and flat moves is a delight for option writers.
  8. I've mentioned that Nifty might Trade between 14500 & 14800 for this week.
  9. View continues even now.
  10. Todays expiry range is 14500 to 14800.
  11. So If you get to the extremes of the range you can implement contra trades with Stoploss.
  12. FII's & DII's have become net sellers now.
  13. Both are selling heavily.
  14. Still Market keeps inching higher which is surprising.
  15. Today's Covid Cases are at 4.12L which is yet another record high.
  16. India needs to implement complete lockdown to control Covid spread.
  17. This is not said only by me it's said by Experts like Uday Kotak etc.
  18. Positive economic data and tax collections is holding our Markets now.
  19. Always Remember markets work differently from Economy.
  20. A few stocks can hold market higher but the reality will hit someday.
  21. As of now I'm just trading the range and taking straddles & strangles.
  22. Today's gap up can be used 14800 CE with Stoploss according to your risk appetite.
  23. Valuations in some of the stocks cannot be justified now.
  24. Adani Green is trading at 800 PE Ratio which is insane valuation & still investors are crazy over it.
  25. Better be away from Political linked stocks.
  26. RBI Governers speech was a bit positive news for the Markets.
  27. Nifty might Trade between 14500 to 14800 today.
  28. 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