Pre-market at a glance

            

1. Previous day Nifty spot closed at 13749.25
2. Previous day Nifty futures closed at 13760.85
3. Previous day Bank Nifty spot closed at 30402.2
4. Previous day Bank Nifty futures closed at 30422
5.  At 8:30 AM SGX Nifty is 0.76% up
6. At 8:00 AM Dow futures is 0.50% up
7. At 8:30 AM Comex gold is at 1899.55
8. At 8:30 AM Comex silver is at 26.823
9. Nifty and Bank Nifty major levels have been mentioned in the video. Please do watch 
10. Brexit overhang resolved. Hence, Tata Motors should be watched
11. Trump signs stimulus bill. It can trigger the market going forward
12. USDINR 73-73.30 is a very very strong buying zone because it has a 2 years support. That level should be watched cautiously
13. Today is birth anniversary of Dhirubhai Ambani and Ratan Tata. Reliance should be watched; Tata Motors already mentioned above
14. Insurance companies should be watched
15. Steel stocks should rise more going forward.

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only. 

Pre-market at a glance

           

1. Previous day Nifty spot closed at 13760.55
2. Previous day Nifty futures closed at 13762.10
3. Previous day Bank Nifty spot closed at 30714.65
4. Previous day Bank Nifty futures closed at 30686
5.  At 8:00 AM SGX Nifty is flat
6. At 8:00 AM Dow futures is flat
7. At 8:00 AM Comex gold is at 1900
8. At 8:00 AM Comex silver is at 26.835
9. Finance minister to chair pre-budget consultation with infra, energy sectors
10. Reliance industries should be watched
11. US Congress seals stimulus deal reached an agreement on a $900 billion relief package
12. As mentioned earlier Gold and silver should be watched. Remember that Silver will outperform Gold
13. Dollar Index has bounced back a little. Asian cues are also flat to negative due to the new strain of coronavirus which has been found in UK
14. Overall market has a positive bias till Nifty breaches 13600  on the downside
15. USDINR 73-73.30 is a very very strong buying zone because it has a 2 years support. That level should be watched cautiously

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only. 

Pre-market at a glance

          

1. Previous day Nifty spot closed at 13740.70
2. Previous day Nifty futures closed at 13749.55
3. Previous day Bank Nifty spot closed at 30847.05
4. Previous day Bank Nifty futures closed at 30828
5.  At 8:00 AM SGX Nifty is flat
6. At 8:00 AM Dow futures is 0.30% down
7. At 8:00 AM Comex gold is at 1886
8. At 8:00 AM Comex silver is at 26.023
9. Jubilant foods has given a good move. Today defense stocks should be focused
10. FTSE rebalancing today. It is expected that there will be $650 mn net inflows into India
11. As mentioned earlier we have seen that after breaching 11th December's high in monthly 13500 CE how Nifty has given a unidirectional movement
12. Gold and silver should be watched because Dollar Index has come down significantly as mentioned in the earlier blogs. Remember that Silver will outperform Gold
13. Dollar Index is slowly ticking lower. 88.5 should be watched
14. Overall market has a positive bias till Nifty breached 13600  on the downside
15. USDINR 73-73.30 is a very very strong buying zone because it has a 2 years support. That level should be watched cautiously

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only. 

Pre-market at a glance

         

1. Previous day Nifty spot closed at 13682.7
2. Previous day Nifty futures closed at 13696.05
3. Previous day Bank Nifty spot closed at 30698.4
4. Previous day Bank Nifty futures closed at 30743.05
5.  At 8:00 AM SGX Nifty is flat
6. At 8:00 AM Dow futures is 0.20% up
7. At 8:00 AM Comex gold is at 1869.05
8. At 8:00 AM Comex silver is at 25.460
9. Jubilant foods should be watched
10. Textile stocks like HimatSingkaSeise/KPR Mill/AB Fashion/Avind/Nitin Spinners should be watched
11. India to see $700-900 mn worth of inflows
12. As mentioned in earlier blogs Dollar Index is slowly ticking lower. Now on the verge of breaking 90 from above
13. In one of the earlier blogs I mentioned to follow the H/L of 11th December monthly 13500 CE. Yesterday the breakout happened and Nifty went higher as anticipated
14. Overall market has a positive bias
15. USDINR 73-73.30 is a very very strong buying zone because it has a 2 years support. That level should be watched cautiously

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only. 

Pre-market at a glance

        

1. Previous day Nifty spot closed at 13558.15
2. Previous day Nifty futures closed at 13568.40
3. Previous day Bank Nifty spot closed at 30781
4. Previous day Bank Nifty futures closed at 30624.95
5.  At 8:00 AM SGX Nifty is 0.30% down
6. At 8:00 AM Dow futures is 0.13% up
7. At 8:00 AM Comex gold is at 1835.70
8. At 8:00 AM Comex silver is at 24.117
9. Defense stocks should be watched
10. RBI nod for re-appointment of Uday Kotak as MD & CEO for next 3 years. Hence, Kotak Bank should be watched
11. Gail should be watched
12. Borosil Renewables launches 200cr QIP indicative floor price set at 19.85% discount at 126/share
13. Nifty FMCG should be tracked
14. Marico & Jubilant Food along with Nestle and Godrej Consumer should be watched
15. Indian Hotels, LT, Cipla, JSPL should be tracked
16. Dollar Index should be monitored cautiously
17. USDINR 73-73.30 is a very very strong buying zone because it has a 2 years support. That level should be watched cautiously

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only. 

Pre-market at a glance

       

1. Previous day Nifty spot closed at 13513.85
2. Previous day Nifty futures closed at 13517
3. Previous day Bank Nifty spot closed at 30604.85
4. Previous day Bank Nifty futures closed at 30624.95
5.  At 8:00 AM SGX Nifty is 0.40% up
6. At 8:00 AM Dow futures is 0.60% up
7. At 8:00 AM Comex gold is at 1838.65
8. At 8:00 AM Comex silver is at 24.060
9. Watch metal stocks
10. Keep tracking monthly 13500 CE last day's H/L. Either side breakout will initiate further momentum in Nifty
11. Nifty FMCG should be tracked
12. Marico & Jubilant Food along with Nestle and Godrej Consumer should be watched
13. CREDAG and Bandhan Bank can also be tracked
14. Dollar Index should be monitored cautiously
15. USDINR 73-73.30 is a very very strong buying zone because it has a 2 years support. That level should be watched cautiously

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only. 

Pre-market at a glance

      

1. Previous day Nifty spot closed at 13529.10
2. Previous day Nifty futures closed at 13576.90
3. Previous day Bank Nifty spot closed at 30709.40
4. Previous day Bank Nifty futures closed at 30769.45
5.  At 8:00 AM SGX Nifty is 0.50% down
6. At 8:00 AM Dow futures is 0.10% up
7. At 8:00 AM Comex gold is at 1843.85
8. At 8:00 AM Comex silver is at 24.148
9. Today again Supreme Court will hear the loan moratorium case
10. PM Modi to lay foundation of new parliament building. He will address the people at 2:15 pm approx
11. Wipro buyback ex date is 10th December, size 9500 cr. Price at 400 per share
12. For TCS date of opening of share buyback is December 18 and the date of closing is january 1
13. For IRCTC, government to sell up to 20% equity via OFS. Floor price set at 1367 per share
14. Can look at DLF 
15. USDINR 73-73.30 is a very very strong buying zone because it has a 2 years support. That level should be watched cautiously

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only. 

Pre-market at a glance

     

1. Previous day Nifty spot closed at 13392.95
2. Previous day Nifty futures closed at 13424.80
3. Previous day Bank Nifty spot closed at 30261.90
4. Previous day Bank Nifty futures closed at 30316.65
5.  At 8:00 AM SGX Nifty is 0.26% up
6. At 8:00 AM Dow futures is 0.25% up
7. At 8:00 AM Comex gold is at 1867.45
8. At 8:00 AM Comex silver is at 24.422
9. Today again Supreme Court will hear the loan moratorium case
10. Keep tracking dollar. Range is 90-91. Either side breakout can be very crucial for India specifically
11. FIIs continues to buy aggressively. They are net 71K contracts long in index
12. ICICI Bank to sell up to 71.21 lakh shares or 2.21% stake in ICICI Securities via OFS to meet minimum public shareholding norms. The floor price set at 440 per share
13. Defense stocks to be in focus today. Walchandnagar/Astra Micro/HAL/BDL/BEL/Bharat Forge/L&T
14. S&P revises company outlook to "stable" from "negative"and affirms "B+" rating
15. USDINR 73-73.30 is a very very strong buying zone because it has a 2 years support. That level should be watched cautiously

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only. 

Pre-market at a glance

    

1. Previous day Nifty spot closed at 13355.75
2. Previous day Nifty futures closed at 13382.8
3. Previous day Bank Nifty spot closed at 30211.55
4. Previous day Bank Nifty futures closed at 30270
5.  At 8:00 AM SGX Nifty is 0.30% down
6. At 8:00 AM Dow futures is 0.25% down
7. At 8:00 AM Comex gold is at 1871
8. At 8:00 AM Comex silver is at 24.812
9. Today there will be 2 important events in Supreme Court. 1)Loan Moratorium tentative timing 10:30 am. 2) Tata vs Mistry tentative timing 12 noon. Hence, be cautious on banking stocks and Tata group stocks
10. Keep tracking dollar. Range is 90-91. Either side breakout can be very crucial for India specifically
11. FIIs continues to buy aggressively. They bought 3792 cr in cash yesterday. Inflow of nearly 14000cr in 5 trading sessions of December
12. BP/HP/IOC fuel prices hit a two year high. Petrol & Diesel rise for the 6th day
13. Watch ACC & Ambuja. Some negative commentary came out
14. Expect volatility to rise going forward
15. USDINR 73-73.30 is a very very strong buying zone because it has a 2 years support. That level should be watched cautiously

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only. 

Pre-market at a glance

   

1. Previous day Nifty spot closed at 13258.55
2. Previous day Nifty futures closed at 13322
3. Previous day Bank Nifty spot closed at 30052.40
4. Previous day Bank Nifty futures closed at 30265
5.  At 8:00 AM SGX Nifty is 0.40% down
6. At 8:00 AM Dow futures is 0.23% down
7. At 8:00 AM Comex gold is at 1840.85
8. At 8:00 AM Comex silver is at 24.183
9. Keep tracking dollar. If Dollar Index drag on the downside then further upside in Gold and Silver can be seen. Remember Silver will outperform in either scenario. This statement is applicable for the whole of December
10. Cement prices also looking up with increased demand. Stocks like #Ambuja, #ACC, #Ultratech, #Grasim, #Shree, #JK Cement should be watched
11. Tata Motors subsidiary Jaguar reported a nearly 22.8% YOY fall in UK sales
12. SUUTI lightens position in Axis Bank, still owns 12cr shares post sale
13. Adani Ports can be watched 
14. Expect volatility to rise going forward
15. USDINR 73-73.30 is a very very strong buying zone because it has a 2 years support. That level should be watched cautiously

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only. 

Pre-market at a glance

  

1. Previous day Nifty spot closed at 13133.9
2. Previous day Nifty futures closed at 13202.75
3. Previous day Bank Nifty spot closed at 29448.75
4. Previous day Bank Nifty futures closed at 29570
5.  At 8:00 AM SGX Nifty is 0.35% up
6. At 8:00 AM Dow futures is 0.15% up 
7. At 8:00 AM Comex gold is at 1846.25
8. At 8:00 AM Comex silver is at 24.207
9. If Dollar Index drag on the downside then further upside in Gold and Silver can be seen. Remember Silver will outperform in either scenario
10. Surprisingly Nifty Future gave a closing above 13200 yesterday. That should be watched minutely
11. Today there is RBI bi-monthly policy. Hence, everyone should be cautious before taking heavy positions
12. PSU Bank index on the verge of breakout. Lot depends on the RBI policy outcome today
13. HDFC Bank should stabilize today, being a heavy counter
14. Overall the market has a positive bias
15. USDINR 73-73.30 is a very very strong buying zone because it has a 2 years support. That level should be watched cautiously

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only. 

Pre-market at a glance

 

1. Previous day Nifty spot closed at 13113.75
2. Previous day Nifty futures closed at 13148.3
3. Previous day Bank Nifty spot closed at 29463.15
4. Previous day Bank Nifty futures closed at 29543.05
5.  At 8:00 AM SGX Nifty is 0.34% up
6. At 8:00 AM Dow futures is 0.10% up 
7. At 8:00 AM Comex gold is at 1835
8. At 8:00 AM Comex silver is at 24.115
9. Indian Railways ' freight loading in the month of November 2020, at 109.68 MT vs 100.96 MT i.e. 9% up YOY
10. #Adani Ports : Promoters Gautam Adani and Rajesh Adani revoked pledge of 1.42 cr shares on Dec1
11. # Adani Transmission : Promoters revoked pledge of 17 lakh shares on Dec 1 
12. #Adani Enterprise : Promoters revoked pledge of 40 lakh shares on Dec 1...rest is known to everyone that how the Adani group shares performed in the past few days
13. Dollar index has breached the important level of 91, hence, USDINR should appreciate
14. If the above point materialize then its really good for NIFTY and broader markets as a whole
15. USDINR 73-73.30 is a very very strong buying zone because it has a 2 years support. That level should be watched cautiously.

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.