Skip to main content

Pre - Market Analysis (9th December 2021)


  1. U.S Markets closed slightly higher yesterday.
  2. Dow futures and Asian markets are mixed now.
  3. SGX Nifty is trading at 17550.
  4. Yesterday we had a big short covering rally in our Markets.
  5. Nifty has come near it's higher range of 17500-17600.
  6. Im not much hopeful of today's gap up and I feel it should be sold into durring the day.
  7. Markets have rallied on the back of short covering and positive Global Cues.
  8. Now it's the time for Consolidation / Profit booking.
  9. 17400 PE has the highest open interest for today's weekly expiry.
  10. This should act as a strong support and if this breaks we might see much more downside from here.
  11. 17530 is the 20 DMA for Nifty and 17600 Is the higher range so if one is long the profits should be taken off here.
  12. FII selling has reduced but the numbers are not that great yet.
  13. FII long position is at 73% which suggests a profit taking zone.
  14. Also Yesterday FII's have net sold in Cash and Futures Market.
  15. Today we might have a Volatile expiry considering yesterday was a trending day.
  16. Markets are killing and chopping off the traders on both sides.
  17. Nifty has made a swing of 1800 points in last 6 trading sessions.
  18. Nifty might Trade between 17400 to 17600 today.
  19. stockmarketadvisory.in

Comments

Post a Comment

Popular posts from this blog

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

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