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Showing posts from February, 2022

Pre-Market -Snapshot- 24-02-2022

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 US Stock markets continuing it's selloff amid heightened geopolitical  tensions between Ukraine and russia weighing on market sentiments.Tech jiant Nasdaq down by 2.57% whereas dowjones industrial average index felled 1.38% . US  crude futures WTI settled at $ 92.10 per barrel whereas London crude futures Brent closed flattish at $96.84 per barrel on closing. Indian markets too continuing it's loosing streak Amir global markets selloff due to raising concerns between Russia & Ukraine crisis.look for weak category stocks to grab some selling opportunity in intraday . *Today's trading sessions view: Watchout Nifty50s 16800 as key support level breaking if that may trigger more weakness in markets whereas 16400 acts as next strong support.

Pre Market - Snapshot- 17-02-2022

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US stock markets ended flat on Wednesday closing after gapdown in early trading session amid  never ending concerns of fed tapering,as Nasdaq & Dowjones closed 0.16% down . US Crude futures ended lower as WTI down 1.6% at $90.57 per barrel whereas brent down by 1.7% at $91.73 per barrel. Indian markets ended flat after inconstancy movements in the day amid Russia-Ukraine conflict as Nifty50 closed at 0.17% down whereas benchmark index Sensex closed at 0.25% down. Today's Trading Sessions view For today's trading session watchout Nifty50 17300 ,17200 levels on downside and 17400 on upperside and lookout for stocks specific action in coming days or weeks amid fed interest rates hike.

Pre Market - Snapshot- 10-02-2022

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US Stock markets ended in positive territory for the third consecutive day as Dowjones closed at 0.86% up whereas Nasdaq ended with 2% up as tech stocks,telecom stocks and base material stocks propelled indices higher. US dollar index futures closed 0.9% down at 95.55.Brent futures closed at 0.23% up by ending at $91.84 per barrel. Indian stock markets continued it's rising streak for the third consecutive day as major sectorial indices contributed to the markets by rising more than 1% in the day. For today's Trading Session: Watchout Nifty50 17600 as Strong resistance on upper level closing above that may trigger bullish momentum whereas 17250 as a support level . considering RBI policy it's preferred to trade less untill the outcome of the event get  releases. 

Pre-Market - Snapshot- 09-02-2022

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  US Stock indices on Tuesday edged up as tech jiant  Nasdaq and dowjones ended with more than 1% up in a day. US Crude Futures felled 2% on Tuesday ,pausing it's rally for the second consecutive day, as West Texas Intermediate (WTI) settled down at $89.36 per barrel (down 2.2%),whereas Brent down by 2.1% which settled at $90.78 per barrel. Indian stock markets ended slightly on positive side amid unsavoury volatility in the day as Nifty50 swings 200points on either side which made intraday trades job hectic.Nifty50 closed with 0.31% up whereas Sensex ended up 0.33%  For Today's Trading Session watchout the sectors which are drawdowned from the past couple of days as they may give some gains in tthe day on Nifty50 side watchout 17300 as key resistance level for some uppish movement and 17200 to 17000 acts as strong supports on downside.

Pre Market - Snapshot- 08-02-2022

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  US markets traded flat on Mondays closing as Dow closed almost flat whereas Nasdaq ended at 0.58% negative. US Crude futures rally takes a pause  as it felled 1.1% on Monday after rallying for seven straight weeks .West Texas Intermediate (WTI) ended at $91.32 per barrel whereas brent ended at $92.64 amid Iran nuclear deal. Indian markets continued its loosing streaking amid weak global cues and big sharks continuous selloff which triggered domestic equity benchmarks felled nearly 2% in the day as Sensex and Nifty50 closed 1.73% down .largecap stocks like hdfcbank,hdfc,bajajteins were among top index draggers. Today's Trading Sessions Outlook For today watchout nifty50 to sustain above 17250 for some reversal on upperside whereas weakness may continue further  below 17100 level.
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  US equities ended mixed at the close on Friday as tech giant ended in positive territory closing up by 1.58% whereas dowjones ended flat with 0.06% negative. On Data Side US Crude futures surges to seven years highs as West texas intermediate (WTI)crude up 2.3% ended at $92.3 per barrel. Whereas Brent crude futures up by 2.4% settled at $93.27 per barrel its highest since 2014. Indian stock markets closed. flat on Fridays trading session as Nifty50 closed with 0.25% negative whereas sensex ended with 0.24% negative.Niftypsubanks ,Nifty media are the laggards among various sectorial indices ,down by 1.92% and 1.89% negative respectively. *Today's trading session view : Watchout for Nifty50 to break 17500 level for futher weakness in markets and 17600 level for some reversal .

Pre Market _ Snapshot_ 2-02-2022

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  US stock indices closed on a positive territory which is counter intuitive to the early trade session where investors faced treacherous  backdrop of volatility driven by the fed announcements . As Nasdaq closed at 0.75% followed by Dowjones at 0.78%. On Data Side US Crude futures down by 1.1% lower ended at $87.2 amid growing speculations of pent up in supply by a top oil  producers. Indian Stock markets closed on a higher note on Budget day amid major announcements given on infrastructure capex boostup  , Tax on Digital assets. following which Nifty50 need with 1.37% up ,Sensex ended with 1.48% up by 848 points. On Data Side Auto sales data is out at the backdrop of FM Nirmala Sitaraman announcing measures to enhance EV ecosystem in india.  Except Mahindra&Mahindra and Tatamotors  all other major auto  players  posted below the estimates made. For today's trading session watch out Nifty50 17600 level crossover for some further upmove and 17...