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Pre Market Report, December 31, 2018

December 31, 2018
Time: 8.15 am

Pre Market Report:


  1. Time to say "Good Bye" to 2018.
  2. India did better than most markets in 2018.
  3. On Friday US markets ended mixed.
  4. Today many markets are closed.
  5. Many other markets will be closing early.
  6. But we will work whole day.
  7. On Friday we closed with good optimisim.
  8. Today SGX Nifty indicating another 50 points gap up.
  9. SGX Nifty hit a high of 10995 in SIngapore on Friday night.
  10. FIIs have bought Options in huge quantities.
  11. So markets are likely to make some significant moves.
  12. Trump tweeted about his talk with Chinese President.
  13. If Govt shutdown issue and US-China Trade agreement issue also resolved, then World markets may rally in January 2019.
  14. Since most of the markets ened in deep red, the rise will be significant.
  15. In that case we will also do well.
  16. FIIs sold in Cash market on Friday but DIIs bought heavily.
  17. Otherwise today and tomorrow, markets may trade with less volume.
  18. Many Fund Managers want to forget 2018.
  19. Let us hope 2019 brings prosperity to traders and investors.
  20. Nifty future may trade between 10900 and 11020.



Comments

  1. PRS sir, thanks for all the mkt reports in 18; wishing you and other readers here a more successful yr' 19.

    ReplyDelete
  2. Thank you sir for your amazing and determination work and support to us in 2018.

    ReplyDelete
  3. Thank Sundar sir for your great work in 2018.

    ReplyDelete

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