Global news/concerns: Crude has retreated a lot from recent high but technically it is inside a triangle and a breakout on either side will give the real move. This fall in the price is because US has released a huge quantity of crude from their storage to ease implications of sanctions on Russia. As anticipated…
Category: Daily Market Analysis
Premarket Nifty Analysis for 31-Mar-2022
Global news/concerns: Crude has retreated a lot from recent high though the retail fuel price in India is being increased almost every day giving a chance to rise of inflation. Global market has remain subdued for yesterday. Being a financial year end, there is a re-balancing act going on in many markets e.g., in US…
Premarket Nifty Analysis for 30-Mar-2022
Global news/concerns: Crude has retreated a lot because of the good news coming from war front where a fruitful negotiation is going on. Global market has also given a good run yesterday taking into account this good news. India news/concerns: In F&O space, smart money has taken a rather long position. This is possible for…
Premarket Nifty Analysis for 29-Mar-2022
Global news/concerns: Crude has retreated a bit giving respite to the rest of the world including India. Global market has also given a good run yesterday though the yield curve inversion is in the air. India news/concerns: In F&O space, apparently, smart money is looking for ways to come out of shorts. This is possible…
Premarket Nifty Analysis for 28-Mar-2022
Global news/concerns: Crude is giving some technical retracement but that is not sufficient to soothe Indian economy at this moment. It is undergoing consolidation at higher levels and just require a tinker to go above the roof. Global market is confused in the face of current war and various positive actions being taken by Fed…
Premarket Nifty Analysis for 25-Mar-2022
Global news/concerns: Crude is giving some technical retracement but that is not sufficient to soothe Indian economy at this moment. Global market again jumped up in expectation of Fed taking necessary actions against increasing inflation though we cannot say the same about India/RBI. India news/concerns: In F&O space, retail is holding bullish position for the…