December 31, 2018
Time: 8.15 am
Pre Market Report:
Time: 8.15 am
Pre Market Report:
- Time to say "Good Bye" to 2018.
- India did better than most markets in 2018.
- On Friday US markets ended mixed.
- Today many markets are closed.
- Many other markets will be closing early.
- But we will work whole day.
- On Friday we closed with good optimisim.
- Today SGX Nifty indicating another 50 points gap up.
- SGX Nifty hit a high of 10995 in SIngapore on Friday night.
- FIIs have bought Options in huge quantities.
- So markets are likely to make some significant moves.
- Trump tweeted about his talk with Chinese President.
- If Govt shutdown issue and US-China Trade agreement issue also resolved, then World markets may rally in January 2019.
- Since most of the markets ened in deep red, the rise will be significant.
- In that case we will also do well.
- FIIs sold in Cash market on Friday but DIIs bought heavily.
- Otherwise today and tomorrow, markets may trade with less volume.
- Many Fund Managers want to forget 2018.
- Let us hope 2019 brings prosperity to traders and investors.
- Nifty future may trade between 10900 and 11020.
Comments
PRS sir, thanks for all the mkt reports in 18; wishing you and other readers here a more successful yr' 19.
ReplyDeleteThank you sir for your amazing and determination work and support to us in 2018.
ReplyDeleteThank Sundar sir for your great work in 2018.
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