Skip to main content

Pre - Market Report (28 Feb 2020)



Pre Market Report:


  1. Dow ( U.S Markets) fell 1191 Points Yesterday.
  2. This is the worst point wise fall ever in the History of Dow.
  3. Also Dow fell about 1000 points on Monday, Tuesday and Thursday.
  4. Now Dow is down more than 10% this week.This is the fastest 10% fall in the History of Dow ever.
  5. We do not know what is in store today as it is a Fresh Expiry Week.
  6. The fear may be more ahead of weekend.
  7. The Corona Virus inflicting maximum damage to stock markets & Spreading like Wildfire in all Parts of the World.
  8. All the Asian markets are Trading Negative.
  9. SGX Nifty indicating about 200 point fall in Nifty ( Pre - Open).
  10. Last six weeks is one of the worst periods for us too. We have been Underperforming compared to all Global Markets.
  11. Nifty from 12400, fell to 11600, then shot up to 12300, then fell to 12000, then shot up to 12250, then fell to 11900, then shot up to 12200, only to fall below 11500.
  12. This is nearly 30% swing in Nifty.
  13. This time Bank Nifty has not been doing that bad , Stocks like SBI & IndusInd Bank have been holding it & Controlling the fall as of now ,& In fact, yesterday many banks closed in Green.
  14. With more than 10% cut in most of the markets, we can expect some kind of action from Central Banks or Government.
  15. Our markets will also be in jitters as GDP data is expected in the evening which is presumed to Worsen.
  16. Crude keeps falling, That could be one reason for Reliance under performance.
  17. 20% of the Nifty 50 stocks hit fresh 52 week low yesterday. This is not a good news at all.
  18. The figure will be more today.
  19. The Economic impact of Corona Virus is what markets are worried about.
  20. Metals and Autos are worst affected in Feb series & March series is not opening well.
  21. The trading range for March series will be wider, 11000 to 12000.
  22. Since markets are in oversold conditions, any good news, markets will shoot up.
  23. That is why Call premiums are also high.
  24.  The fear is at its peak.
  25. Nifty future should take support at 11400 & no need to talk about any resistance.
  26. Every day Nifty has been breaking previous day's low & shorting on every rise makes sense.
  27. Selling into the Markets after a 200 point gap up doesn't make sense and also risk - reward ISN'T in your Favour . Same way It's not Advisable to buy into Nifty ,Bank Nifty as of now. Idea should be to let the Markets open and let it settle. Any minor Bounce should be sold into.
  28. Personally , i have taken some Far away OTM put Options to hedge my Portfolio and so i would likely exit all of them by EOD.
  29. For Intraday , it seems like a No - Trading day for me on Index as we are already about to open 200 Points Negative. Only if i get any Bounce near 11450-11500 i would look to sell into them or else will be just sitting on my Chair and Plan for the Upcoming Weekend:-) 
  30. When Market doesn't come to your Zone , it's better to wait Patiently and stay quiet Rather than blindly chasing the Market.
  31. As soon as Corona Virus News & Budget News was out we have advised all out PMS clients to take put Options and hedge your Portfolio. That Strategy has worked very well & this fall is not causing much impact on their Portfolio.
  32. Advising Everyone not to Carry any Positions over the Weekend as you do not know what news might come over Weekend and Monday markets might react to it.
  33. Moody's Predict that Global Economy will enter recession in first half and that is not a good news.

Comments & Feedback are Always Welcome.
WhatsApp at 07719887348 for the Same.

Comments

Post a Comment

Popular posts from this blog

Pre - Market Analysis (30th Jan 2022)

1. U.S Markets closed higher on Friday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is up 30-50 Points. 5. There's no point discussing Global markets today. 6. As we are dealing with our own local issues as of now. 7. The talk of the town is Adani Group. 8. Every stock Market participant during last 2 days have not spent as much time with their wife /gf /husband /bf as they have spent on researching Adani stocks. 9. They shouldn't have wasted so much time in research and should've spent their time with loved ones. 10. As Ultimately my Pre Market report would clear all. 11. Now , the Adani stock price has gone below the FPO price. 12. FPO price is in the range of 3100-3200 and stock price is around 2800  13. Who will subscribe to FPO when they can buy shares much cheaper from the Market? 14. Also over the weekend Adani has come up with a 450 page report addressing one by one the allegations made by Hindenberg.  15. I haven't
Post a Comment
Read more

Pre - Market Analysis (2nd Feb 2022)

1 U.S Markets closed lower Yesterday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is down 150 Points. 5. Yesterday was the Fed event in U.S 6. It was expected that they would raise rates by 25 basis points. 7. The same happened yesterday and in spite of that Markets crashed yesterday.  8. Yesterday was a highly Volatile day. 9. Markets were all over the place yesterday.  10. Before the budget , markets were higher. 11. During the budget , markets were flat. 12. After 1 pm markets were at the peak of Volatility.  13. Bank Nifty was down 1000 points by 2.45 pm. 14. In next 30 minutes it recovered all of its losses. 15. The budget was neither good nor bad. 16. The income tax slabs have been revised but also the insurance benefit has gone. 17. All the Insurance companies crashed yesterday.  18. This is a structural change coming out of budget now. 19. Adani stocks crashed yesterday.  20. So clearly there was valuation over hang which is gettin
1 comment
Read more

Nifty hits 17k (15th March 2023)

1. U.S Markets closed higher yesterday.  2. Right now , U.S Futures are lower. 3. SGX Nifty is up 80-100 points. 4. Asian markets are mixed. 5. There has been 4 days of relentless selling in our Markets  6. The reason doesn't seem to be Banking collapse in United States. 7. U.S Markets have settled after a knee- jerk reaction. 8. Our Markets haven't settled yet. 9. This isn't a selling like the previous ones. 10. Previously FII's used to target few nifty stocks  11. Used to sell them and create panic. 12. This selling is now an all around selling. 13. Broader Markets have been bleeding extensively. 14. There is pain all around. 15. Now 17300 becomes a very important resistance. 16. Nifty might retest 17300 and then break 17k. 17. Markets won't collapse in a hiff.  18. There would be intermittent rallies in between to take weak shorts out. 19. FII's have now been selling aggressively.  20. Nifty might trade between 17000 to 17300 today. 21. stockmarke
Post a Comment
Read more