top of page
Search

151. Pre Market Analysis - July 27 ,2021

  1. Markets closed with flat in negative territory after a big fight between weightage stocks .

  2. Where as Nifty fell 31.50 points , Sensex was down by 123.53 points and Bank Nifty fell just 84.70 points.

  3. FIIs sold 2376.79 crores which is very big number and DIIs bought 1551.27 crores.

  4. Yesterday entire global markets are traded in negative but our markets didn't fell due to the support from few weightage stocks like Infy, ICICI Bank etc..

  5. Kotak Bank and Axis Bank declared good numbers and Today Dr. Reddy's , IndusInd Bank are set to declare their results from Nifty 50.

  6. Coming to Global markets :- Last night U.S and U.K markets closed in flat and Currently Dow Jones , Nasdaq and U.K futures are trading with flat in negative.

  7. Most of the Asian markets are trading in red.

  8. SGX Nifty is up by just 31 points as of now.

  9. Coming to India :- Today our markets may open with flat based on SGX Nifty and global markets clues.

  10. We are coming with good results but still our markets are not rising and we know this question is inching in everyone's mind but there are many reasons for not rising our markets and one is FIIs selling number which is not convincing us to predict the market for upside and another one is 35,000 level for Bank Nifty and 15,888 to 15,915 area for Nifty , these levels are not letting to move higher, along with global markets too performing weak so these are the reasons why markets are not moving higher.

  11. We need to stay cautious on these kind of markets and its better to avoid the opening trades if markets open with gap-up and see whether Bank Nifty and Nifty is breaking 35k and 15,888 area if not then we may see consolidation market today also but markets not convincing to even fall also so its better to wait for big breakout to get direction until that be a spectator .

  12. Bank Nifty had a resistance at 35,000 next will be 35,372 and support at 34,652 and Nifty had a resistance at area of 15,888 to 15.915 and support at 15,748.


All The Best ,Trade With Discipline,

Wishing You A Profitable Day,

BONFIRETRDAER

61 views0 comments

Recent Posts

See All

Markets started taking rest by getting into consolidation phase where as IT ,Metal stocks started booking their profits. Nifty fell 55.90 points , Sensex was down by 214.18 points and Bank Nifty shot

Markets continued the bullish rally by another day and led by Bajaj twins , TCS, HDFC twins , Bharti airtel , Asian paints etc.. Where as Nifty jumped 201.20 points , Sensex rallied 662.63 points and

Markets continued the bull run off the week with an aggressive kick start where Nifty and Sensex made new records high. Nifty jumped 225.80 points , Sensex rallied 765.04 points and Bank Nifty gained

Post: Blog2_Post
bottom of page