Posts

"Pre - Stock Market Setup" For April 28th, 2021 (Analysis)

Image
                          Himanshu Verma - BTST & SWING Specialist  Dear All Viewers, I would like to express my gratitude to all viewers and welcome you all to the family of  "Himanshu Verma - BTST & SWING Specialist"  by Himanshu Verma. Pre-Market Analysis For April 28th, 2021 1.   Market Movement on (April 27th, 2021)   Nifty  opened the day at 14,509 and started to move up soon. After breaking 14,550 which was yesterday’s high, the index found its pace. Slowly and steadily, the index started moving up breaking 14,600 in the process. Nifty  closed the day at 14,653, up 168 points or 1.16%. Bank Nifty  opened at 32,281 and created a very confusing first candle. 32,300 and 32,500 were taken as good supports on the way up. With HDFC Bank and SBI both moving up, Bank Nifty found it easy to rally. After testing 32,800 Bank Nifty closed the day at  32,735 up 460 points...

"Pre - Stock Market Setup" For April 26th, 2021 (Analysis)

Image
                         Himanshu Verma - BTST & SWING Specialist  Dear All Viewers, I would like to express my gratitude to all viewers and welcome you all to the family of  "Himanshu Verma - BTST & SWING Specialist"  by Himanshu Verma. Pre-Market Analysis For April 26th, 2021 1.   Market Movement on (April 23rd, 2021)   Nifty  traded in a 75-point channel for the first one hour. Just before noon, it even crossed yesterday’s high and tried to move up. From the high, selling pressure across all major stocks took Nifty down nearly 200 points. Nifty  closed the day at 14,341, down 64 points or 0.45%. Bank Nifty  opened at 31,552 and was very volatile in the first hour. But even in a day of net consolidation,  Bank Nifty  moved 750 points from the day’s low to high. With the afternoon profit booking, Bank Nifty fell nearly 600 points then closed at  31,772, down 6...

"Pre - Stock Market Setup" For April 20th, 2021 (Analysis)

Image
                        Himanshu Verma - BTST & SWING Specialist  Dear All Viewers, I would like to express my gratitude to all viewers and welcome you all to the family of  "Himanshu Verma - BTST & SWING Specialist"  by Himanshu Verma. Pre-Market Analysis For April 20th, 2021 1.   Market Movement on (April 19th, 2021)   Nifty  opened the day at 14,314 and fell nearly 130 points in the first 15 minutes. After taking 14,200 as support, all sectoral indices started to move up. From here there was no looking back. IT stocks including Infosys helped push the index up along with some last-minute power from the HDFC twins and ICICI Bank.  Nifty closed the day at 14,359, down 258 points or 1.77%. Bank Nifty  also had a similar story, but it was less bullish than Nifty in reversing. After  opening with a gap-down at 31,033 , the index fell more than 600 points before starting to...

"Pre - Stock Market Setup" For April 19th, 2021 (Analysis)

Image
                       Himanshu Verma - BTST & SWING Specialist  Dear All Viewers, I would like to express my gratitude to all viewers and welcome you all to the family of  "Himanshu Verma - BTST & SWING Specialist"  by Himanshu Verma. Pre-Market Analysis For April 19th, 2021 1.   Market Movement on (April 16th, 2021)   Nifty  opened the day at 14,600 and tried to be was very volatile. After finally deciding to move up, Nifty could not sustain above 14,680 and mostly consolidated in the day. Between 9:30 am and 3 pm, the index moved in an 80-point channel. In the last hour, Nifty fell more than 110 points as heavyweights fell.  Nifty closed the day at 14,617, up 36 points or 0.25% . Bank Nifty  also saw a day of consolidation, trading in a 400 point zone. After opening at 32,170, Bank Nifty tried to break 32,300 but could not find enough power. The index remained volatile in ...