Skip to main content

Pre - Market Analysis (10th November 2021)


  1. U.S Markets closed lower yesterday.
  2. After closing in green for 8 consecutive trading sessions they have witnessed some profit booking.
  3. It was one of the highest winning streaks for market.
  4. Today the inflation data is going to be announced in U.S.
  5. Ahead of the same markets are a bit shaky.
  6. Asian markets are lower.
  7. SGX Nifty is trading at 17960 today.
  8. We are likely to have a decent gap down opening today and I feel that 17920-17900 is a good buying opportunity.
  9. 17900 PE added huge open interest when we crossed 18k.
  10. This support level shouldnt break easily today.
  11. We are in a consolidation mode currently and there is no clear trend.
  12. Looks like Nifty is again going to fall back in 17800 to 18000 range before a possible big move.
  13. IndusInd Bank has stabilized yesterday and that has settled Bank Nifty.
  14. Bank Nifty is a good risk reward zone buy near 38900 -39000 which is Mondays low.
  15. Nifty near 17900 is a good opportunity to enter.
  16. We have supports at 17800-17850 and 17900 all the way for Nifty.
  17. These should come in handy for the day.
  18. Usually the Wednesday trades are highly volatile and expecting the same Volatility today as well.
  19. This Market is very difficult to trade for option buyers and trend traders.
  20. It's not like before where you get big moves almost 2nd day.
  21. The good old updays are gone now.
  22. Now markets would be boring and consolidating for the coming year as markets cannot keep going up in a straight line.
  23. Nifty might Trade between 17800 to 18100 today.
  24. Bank Nifty might Trade between 38800 to 39500 today.
  25. 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