PRE MARKET REPORT, APRIL 22, 2021

US markets closed higher, Asian markets are higher SGX Nifty trading around 14180, still about 50 points lower than Tuesday’s low So far Nifty future has taken support between 14200 and 14300 multiple times More and more bad news come from Corona front Markets are likely to be highly volatile Now if 14200 has been […]

PRE MARKET REPORT, APRIL 20, 2021

US markets came under profit booking, Asian markets are mixed SGX Nifty is higher by about 80 points DIIs have bought for more than Rs 2000 crores Bank Nifty is likely to be more volatile Nifty Future took support between 14200 and 14300 on multiple times Since tomorrow is a holiday, we can expect today’s[…..]

PRE MARKET REPORT, APRIL 19, 2021

US markets closed at record high on Friday, Asian markets are mostly higher But SGX Nifty is down by about 200 points Since last two weeks, markets fell more than 400 points on Mondays, SGX Nifty is trading with caution Corona cases hit the highest one day rise HDFC Bank results seems to be below[…..]

PRE MARKET REPORT, APRIL 16, 2021

US markets closed at another record high But Asian markets are mixed SGX Nifty is slightly lower WIPRO ADR is up 7.5%, After huge profit booking, TCS recovered yesterday Except Infosys, all other IT stocks are doing wel HDFC Bank this Saturday and ICICI Bank next Saturday results. In weekly options, 14000PE added huge OI[…..]