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Pre – Market Analysis (8th Feb 2020)

Today’s stock at break down level when they open at negative, you can trade them at lower level
BANDHAN BANK at 328 target 🎯 318 SL 333 and ZEEL at 215 target 🎯 119 SL 218

  1. US markets closed higher on Friday.
  2. Asian Markets are also trading higher.
  3. SGX Nifty is up 70 Points.
  4. U.S Markets closed higher in Stimulus hope as the Jobs data was not upto the Mark.
  5. Over the weekend, US passed Stimulus Bill of US1.9 Trillion.
  6. This is creating a very Positive sentiment in the whole World Markets.
  7. Indian Markets are on a Dream Run since last week.
  8. Bank Nifty up 15% and Nifty up 10-12%.
  9. SBI up 40% in a week.
  10. Never ever this has happened before.
  11. 15k is a Psychological Resistance and once this is taken out we can see more higher levels soon.
  12. Markets won’t rally as fast as they were from last week , the pace will surely reduce.
  13. But yes there is more to come after 15k.
  14. Not immediately but maybe in due time.
  15.  ITC , the Sleeping Elephant has also woke up now.
  16. It is set to declare results this week.
  17. Auto Stocks are Underperforming now.
  18. Follow market trends, no need to try to change the trend because you can’t rule the market you can only follow the market.
  19. Put Options are trading at high Premiums and now is the best time to sell Puts on any correction. (You can sale options of 14800, 14850, 14900)
  20. Nifty might Trade between 14940-15080 today.

Pre – Market Analysis (6th Jan 2020)

When you are a intraday trader you can observe this, yesterday USA market was closed in 1% green but today’s morning NASDAQ FUTURES shows 1.30% negative. We can buy PUT for weakly expiry.

  1. US markets closed higher yesterday.
  2.  Asian markets are all over the place.
  3. SGX Nifty is trading near 14200.
  4. Last couple of days , Markets have been witnessing steep Correction in first half.
  5. Inviting short sellers and then trapping all bears.
  6. Closing higher every single day.
  7. Currently , Elections are going on in Georgia.
  8. For two Senate seats, counting is in action.
  9. Democrates are ahead in this race
  10. That may take some time.
  11. On Friday, they will open postal ballots.
  12. Boris Johnson cancelled his trip to India amid new Corona virus cases.
  13. Yesterday the star of the show was Axis Bank.
  14. It went up 6% and carried Bank Nifty with it.
  15. President Trump is yet to concede the defeat, even after more than 2 months of US Elections.
  16. Coming back to our markets, day before yesterday, all sectors did well, except Banks.
  17. Yesterday Banks out performed.
  18. Bank Nifty recovered 800 points from intraday low to high.
  19. Reliance, as usual, under performed and is in Consolidation phase.
  20. Bajaj Twins are under performing for last few sessions.
  21. Bajaj Finance fell about Rs 300 from recent high.
  22. FII’s were net buyers and DII’s net sellers.
  23. Both have reduced their Volumes currently.
  24. Pharma companies have started to get U.S FDA warning letters.
  25. So these stocks will be in focus today.
  26. Nifty might Trade between 13130-13320 today.

Pre – Market Analysis (5th Jan 2020)

  1. US markets closed lower yesterday.
  2. Asian markets are also lower.
  3. SGX Nifty is down by more than 100 points.
  4. New Corona Virus and Senate Election for two seats are the reasons for huge profit booking.
  5. These issues leading to a big fall.
  6. Yesterday the Markets were quite Volatile.
  7. From a big gap up it got immediately sold into but also recovered by EOD.
  8. Markets all over the world are trading near all time high.
  9. So any negative news, markets can fall 5 to 10%.
  10. Time to be cautious now.
  11. Here in India, IT stocks did very well.
  12. Most IT stocks hit fresh all time high.
  13. Metal index was up 5% yesterday.
  14. Though Nifty fell 200 points intraday, entire loss was recovered to close at higest point of the day.
  15. Usually that is a bullish sign.
  16. But since US markets fell, SGX Nifty indicating about 100 points gap down.
  17. Bank Nifty future closed more than 150 points premium to spot price.
  18. This Indicates Bullish signs.
  19. Midcaps and small caps out performed.
  20. Banking is the only sector that closed flat.
  21. Yesterday Bank Nifty was flat but Nifty closed higher.
  22. FIIs are net buyers for about Rs 1500+ crores.
  23. DII’s are net sellers for 4th month now.
  24. U.S Markets have recovered quite well from lows.
  25. So today will be interesting day to watch out.
  26. If we defend 14000 then we might close higher but if we go below yesterday’s low in first hour then selling pressure will accentuate.
  27. Nifty might Trade between 13980-14220 today.
  28. Screenshot shown above indicate the negativity of the market through the global indices futures.
  29. It might be possible to see the positive clues in pre opening session, but it will be a short recovery.

Pre – Market Analysis (28th Dec 2020)

  1. US Markets closed Mixed.
  2. Right now , U.S Futures are up 0.5%
  3. SGX Nifty is Trading near 13870.
  4. Trump signs U.S Stimulus bill.
  5. Asian markets are positive.
  6. That is indicating fresh all time high for Nifty.
  7. Last Monday was the Technical Glitch day.
  8. Nifty fell 4%, Bank Nifty fell 5%, mid cap and small cap fell 6%.
  9. I’ve stated many times in past that Bull Market corrections last only for a day.
  10. We have recovered all the losses.
  11. Now we might Consolidate after this big gap up.
  12. Markets giving Intraday Correction almost daily & these are an Opportunity to enter.
  13. FII volumes dried up.
  14. Due to New Year & Christmas holidays.
  15. Bank Nifty also looks quite strong.
  16. With all front line bank stocks almost at their highs.
  17. FMCG & IT is the place to park funds right now.
  18. Look for stocks which haven’t Participanted much in this rally.
  19. These will be more Value bets.
  20. Volumes will be very low as its holiday week.
  21. That also gives room to high Volatility.
  22. Nifty might Trade between 13740-13880.
  23. Global indices futures shown positive vibes in market. (seen above picture)

Pre – Market Analysis (23rd Dec 2020)

  1. US markets closed in red.
  2. Asian Markets are Mixed.
  3. Trump has put a halt for US Stimulus.
  4. This triggered a sell off and Negative sentiment.
  5. Yesterday our Markets bounced back pretty well after a huge sell off few days back.
  6. Coming to know from many Sources that all the Pending orders between 11.30 to 11.40 got cancelled due to Technical Glitches.
  7. Many traders like me place a Stoploss order and we handle our daily works.
  8. I take care of clients after putting the same in system.
  9. But due to Technical Glitch all of them got cancelled.
  10. So when these Stoploss orders get cancelled it led to huge fall.
  11. Now this Mutant Corona Virus fears are on the floor.
  12. Markets are worried about this currently. 
  13. Yesterdays low and high remain important levels for today.
  14. We might consolidate between these levels for some time & after European Markets open.
  15. We could Possibly make a big move.
  16. View remains Rangebound / Negative now.
  17. FMCG stocks look safe bets now.
  18. IT Stocks should also be on radar.
  19. Amidst this Volatility you shouldn’t keep your postions open for longer time.
  20. Enter and get out quick.
  21. Because one Volatile move can throw you out.
  22. Nifty might Trade between 13300-13520 today.
  23. Today’s no chart based trade view, in today’s market high volatility to be seen, so trades completely made on the basis of price action or market trends.
  24. Asian market and other market shown positive trend, so keep your mindset in positive trend. (Seen global chart above)

Pre – Market Analysis (22nd Dec 2020)

  1. US markets opened Negative but closed at highest point of the day.
  2. U.S Futures right now are slightly Negative.
  3. SGX Nifty is around 13450.
  4. European Futures down by 3%.
  5. Until yesterday afternoon, European futures were down only 1%.
  6. After their markets open, they fell 3%.
  7. Yesterday was one of the worst Intraday crash in our Markets.
  8. Markets fell so fast with many people who couldn’t take any sort of action.
  9. Yesterday india VIX went up by 25%.
  10. Option Premiums are still very attractive.
  11. FII’s for the first time were Net sellers Yesterday.
  12. Whether they keep selling or this was a one off selling?
  13. Time will only say.
  14. I’ve warned previously to be cautious and start booking profits specially for Investors.
  15. One day could take away your monthly returns.
  16. No range , no support will work now.
  17. Just focus on price action.
  18. Now we are in a sell on rally mode until we defend any major support level.
  19. Yesterday’s fall was due to fresh Mutant Corona Virus cases detected in Europe.
  20. These cases are 70% more dangerous than Regular Corona Virus cases.
  21. Nifty might Trade between 13150 to 13500 today.
  22. Big range due to Unexpected Volatility.
  23. Today’s no chart based trade view, in today’s market high volatility to be seen, so trades completely made on the basis of price action.

Pre – Market Analysis (21st Dec 2020)

  1. U.S Markets closed lower on Friday.
  2. Right now U.S Futures are almost flat.
  3. Asian Markets are majorly negative.
  4. SGX Nifty is Trading near 13740 now.
  5. There were some news flow over the weekend.
  6. Reliance has come up with a Unique Gas based system which can meet 15% of Asia’s demand.
  7. This is a Postive news for Reliance & due to this Reliance might gap up today.
  8. U.S Stimulus has been agreed for $900 Billion.
  9. Fed has removed Buy back restrictions on Banking Stocks.
  10. U.K has noticed major new Cases for Corona Virus.
  11. This is a Negative news.
  12. We are in a Liquidity driven Market now and that is being provided by FII’s
  13. This is a shortened trading week with Friday being Christmas holiday.
  14. Majorly expectation is big players won’t be active in last week’s of December.
  15. Consolidation is expected now with a slight postive bias.
  16. Whenever there is an Intraday dip , it is being Immediately bought into.
  17. Market closes at the highest point of the day by End of the day.
  18. This has been the trend since few Months.
  19. This might continue until the Budget as well.
  20. Tracking the Europe Markets is important today which opens at 1 PM IST.
  21. Currently European Futures are down more than a percent.
  22. Nifty might Trade between 13640 to 13820 today.
  23. Today’s chart presenting a negative view on Bank Nifty chart.

Mostly persons having the confusion about the chart shown above “you see two parallel line those are point out the range of the market, from these points market may be turnaround but must follow the price action and market trends”.

Pre – Market Analysis (18th Dec 2020)

  1. US markets closed higher Yesterday.
  2. Right now U.S Futures are down 100 Points.
  3. U.S & Indian Markets both have hit fresh all time highs Yesterday.
  4. Trump Accelerates Stimulus talks and there’s some progress in the same.
  5. That Caused Positive sentiment.
  6. Asian Markers are mindly lower.
  7. SGX Nifty is now around 13750.
  8. The trend is so strong , every dip is being bought into.
  9. Yesterday as well Markets were trending.
  10. There wasn’t any dip throughout the day.
  11. We are coming closer to end of December series.
  12. Expect FII’s activity to reduce during this time.
  13. Also read a data Yesterday that SIP inflows for November were at 31 Month low.
  14. Is Retail Smart by stopping their buying or are FII’s are smart by buying aggressively?
  15. Time will only say.
  16. In the Year 2017 , we had a great Bull Market as well.
  17. Nifty was up 35% , Mid cap Index up 70% & Small Caps up 100%.
  18. Bull run ended when some Normal IPO’s were hugely Oversubscribed & fresh listings were getting huge Valuations , also Long term Capital Gains was introduced later on which reduced liquidity.
  19. Few IPO’s like Shankara Buildings , Astron Paper etc during 2017 ran up a lot.
  20. Now they are all down 70-80% from their highs.
  21. A company cannot run up above it’s Fundamental value.
  22. Burger King is one stock which you should avoid now.
  23. Ran up so much which it doesn’t deserve.
  24. Nifty might Trade between 13640 to 13820 today.
  25. Hope to see a trending market today downward trend).

Pre – Market Analysis (15th Dec 2020)

  1. US markets closed 0.6% negative Yesterday.
  2. Asian Marlets are mindly lower.
  3. U.S futures right now are slightly positive.
  4. SGX Nifty is Trading near 13530 now.
  5. Yesterday I mentioned 13400 to 13600 range for Nifty.
  6. This range worked out well & can continue to go on.
  7. Markets are Rallying too fast too quick are Consolidating.
  8. Consolidation is infact good for the Bulls.
  9. I won’t like to go long here and won’t like to add fresh money.
  10. Dips would come and that would be opportunity to add.
  11. Bank Nifty also Trading in a narrow range.
  12. Next big event for the markets is the Budget.
  13. After December Month focus would shift on the budget.
  14. FII’s continue to buy.
  15. In U.S interest rates are Zero.
  16. Therefore FII’s look to invest in Markets and emerging Markets.
  17. To at least generate some return.
  18. Today’s view is clear buy on dips closer to 13400.
  19. Bank Nifty near 30500.
  20. Nifty might Trade between 13420-13580 today.
  21. Today will be range bound market – Consolidation phase.

Pre – Market Analysis (11th Dec 2020)

  1. US markets Flat Yesterday.
  2. Asian Markets are also flat.
  3. Markets all over the world are showing signs of Consolidation.
  4. Yesterday was expiry and our markets were mostly Flat.
  5. We witnessed severe correction in first half and expected that this could turn out much worse.
  6. Bears tried their best to break 13400 Yesterday but couldn’t succeed.
  7. Finally we witnessed big short covering in last hour.
  8. SGX Nifty is Trading near 13520 now.
  9. This is now a market which will reward those who buy on dip patiently.
  10. Entering on gap ups us a very risky trade as this Market is already at highs.
  11. Also an Interesting thing noticed Yesterday was sector rotation.
  12. Sector rotation has been happening and money has been shifting to FMCG stocks.
  13. FMCG stocks have not performed in this rally but when bear market comes there stocks start performing.
  14. It’s time to be very selective and careful now while choosing Equities.
  15. Markets look like there is some steam left now on the upside.
  16. But it will be a slow and steady game.
  17. Pace at which we will witness the same will be lowered now.
  18. Consolidation with a slightly Bullish bias is the Expectation.
  19. 13400 & 13500 is the range.
  20. Near 13400 it’s a good level to enter into.
  21. Until then it’s better to trade Individual stocks and avoid buying Nifty at higher levels and getting trapped.
  22. Nifty might Trade between 13380-13540 today.
  23. It might be possible to be a trending market today and probability to be uptrend market.

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