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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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. […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading