India Pre Market News : 24 May 2021

STOCKS Dow and DAX are moving up within their 33500-35000 and 14800-15500 range respectively. The bias is bullish to see an upside breakout of this range. Nikkei has to break above 28500 to become bullish and avoid a fall to 27000-26000. Shanghai is back into its 3350-3500 range and can fall towards the lower end […]

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India Pre Market News : 21 May 2021

STOCKS Dow and DAX looks mixed and could be range bound. 33500-35000 on the Dow and 14800-15500 on DAX could be the possible range. Asians look relatively weak. Nikkei can fall to 27000-26000 while it remains below 28500. Shanghai has come back into its 3350-3500 range and can fall to 3450-3400 now. Sensex and Nifty […]

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India Pre Market News : 20 May 2021

STOCKS Dow has recovered sharply after testing 33500 yesterday. The expected range of 33500-35000 remains intact for now. DAX has declined below 15200 and can test 14800 now. The rise to 15700-15800 that we were expecting is not happening now. Nikkei remains bearish to test 27000-26000 while it trades below 28500. Shanghai has failed to […]

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India Pre Market News : 19 May 2021

STOCKS Asians are trading weak. Nikkei has failed to break above 28500 and keeps the bearish view intact. Shanghai has to sustain above 3500 to breach 3525 and rise further. Sensex and Nifty have closed higher yesterday but have to be seen if they can move up further on the back of the weakness in […]

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India Pre Market News : 18 May 2021

STOCKS Dow remains stable above 34000 and can remain in the 33500-35000 range for some time. DAX keeps alive the chances of seeing 15700-15800 on the upside before reversing lower. Nikkei is trading near a crucial resistance level of 28500 which will have to be broken to move further higher and avoid a fall back. […]

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India Pre Market News : 17 May 2021

STOCKS Dow has risen well above 34000 and can remain in a range of 33500-35000 within its broader uptrend. DAX has gained momentum and can rise to 15700-15800 before reversing lower. Nikkei has failed to sustain the break above 28000 and is bearish to fall further in the coming days. Shanghai has broken its 3350-3500 […]

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India Pre Market News : 14 May 2021

STOCKS Dow has managed to recover sharply from its crucial support level of 33500. A range of 33500-35000 is possible while it remains above 33500. DAX has to sustain the strong bounce seen yesterday to bring back the chances of seeing 15700-15800 and delay the fall to 14500. Nikkei has declined sharply below 28000 and […]

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India Pre Market News : 11 May 2021

STOCKS Asians are trading sharply lower. Nikkei has tumbled below 29000 contrary to our expectation of rising to 30500. It can test 28500-28000 on the downside while below 28000. Shanghai is heading down towards the lower end of its 3350-3500 range as expected. Sensex and Nifty may hold below 50500 and 15000-15100 respectively and can […]

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India Pre Market News : 10 May 2021

STOCKS Equities look positive and can move up this week. Dow retains the momentum and is heading towards 35000 as expected. DAX has risen above 15250 and can test 15700-15800 on the upside. Nikkei can move up towards the upper end of its 28500-30500 range while Shanghai can fall towards the lower end of its […]

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India Pre Market News : 07 May 2021

STOCKS Dow has gained momentum and has risen sharply. It is bullish to test 35000 now and the danger of falling below 33500 has been negated. DAX hovers around 15200 and has to break above 15250 to move up towards 15500-15700. Nikkei can move up towards the upper end of its 28500-30500 range. Shanghai remains […]

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India Pre Market News : 06 May 2021

STOCKS Dow seems to be gathering momentum slowly. While it sustains above 34000 a further rise is possible in the coming days and the danger of falling below 33500 will get reduced. DAX has risen back sharply but needs to break above 15250 to avoid the expected fall to 14500-14000. Nikkei has risen sharply above […]

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India Pre Market News : 05 May 2021

STOCKS Dow has recovered sharply from the day’s low yesterday. But it needs a strong follow-through rise above 34000 to move up further from here and avoid the danger of falling below 33500. DAX has tumbled below 15000 and is now bearish to see 14500 and even 14000 in the coming weeks. Nikkei and Shanghai […]

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India Pre Market News : 04 May 2021

STOCKS Dow and DAX continue to trade mixed and are stuck around 34000 and 15200 respectively. Dow has to get a strong follow through rise above 34000 to move up. DAX keeps alive the chances of seeing 15500-15700 before reversing lower. Nikkei and Shanghai are closed till Wednesday this week. Sensex and Nifty have bounced […]

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India Pre Market News : 03 May 2021

STOCKS Dow continues to remain mixed around 34000. A sustained rise above 34000 is needed to avoid a fall below 33500. DAX remains below 15200 and can turn bearish on a break below 15000. Nikkei and Shanghai can fall within their sideways range this week. Both Nikkei and Shanghai are closed till Wednesday. Sensex and […]

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India Pre Market News : 29 Apr 2021

STOCKS Equities continue to trade mixed. Dow seems to be turning around gradually. The level of 33500 is very crucial to watch if it fails to rise past 34000 from here. DAX remains stable and mixed above 15200. The chances of seeing 15500-15700 on the upside is still alive before witnessing a strong reversal. Nikkei […]

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India Pre Market News : 28 Apr 2021

STOCKS Equities continue to trade mixed and are struggling to find a direction. Dow is stuck around 34000 and DAX hovers above 15200. Nikkei is stable within its 28000-31000 range. Shanghai can fall within its 3350-3500 range. Sensex and Nifty have come up towards the upper end of their 47000-49000 and 14150-14700 range and need […]

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India Pre Market News : 27 Apr 2021

STOCKS Dow and DAX remain stable at higher levels and look mixed. Dow has to get a strong follow-through rise above 34000 to move further up. For DAX upside could be capped at 15500-15700 from here. Nikkei remains stable within its 28000-31000 range. Shanghai is moving down within its 3350-3500 range. Sensex and Nifty are […]

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India Pre Market News : 26 Apr 2021

STOCKS Dow remains mixed and continues to hover around 34000. It has to sustain above 33500 to move up towards 35000 and avoid a fall from here. DAX remains higher but lacks momentum. Resistances at 15500-15700 can cap the upside from here and drag it lower going forward. Nikkei can move up within its 28000-31000 […]

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