Skip to main content

Pre - Market Report (12th March 2020)



Pre Market Report:


  1. WHO ( World Health Organisation) announced Corona Virus as Pandemic & US markets fell by around 1400 Points.
  2. Trump spoke today morning & stated some Measures which he would take for revival but nothing seems to be helping markets right now.
  3. Asian markets are absolutely in panic. Corona Virus Fears are being extended day by day.
  4. Indigo Flight Bookings are down by 15-20% is last few weeks. NBA has been suspended as one player tests positive for Corona Virus & high likely that IPL also gets Postponed.
  5. SGX Nifty is down by over 500 points.
  6. This is the fourth such gap down in last one month.
  7. Markets will be in absolute panic in the first 30 minutes.
  8. So far Govt or RBI has not spoken anything to control the damage of Corona Virus.
  9. The only thing RBI can do now is to cut rates by 50 basis points before the market opens today.
  10. Americas "AMITABH BACHCHAN " Mr. TOM HANKS & his wife also tests positive for Corona Virus. U.S Health Minister also tests Positive for Corona Virus so this is Spreading like Wildfire.
  11. Even then it will give relief only for few minutes.
  12. All markets where rate cut announced fell.
  13. Dow entered into bear territory by falling more than 20% from it's lifetime high. So , this is not a Correction this is a Global Bear Market.
  14. Today it is likely to fall another 5% taking total fall more than 25%.
  15. This will be the worst fall after 2008.
  16. Once we break 10,000 level on Nifty it will be a freefall towards more Downside and we can easily witness much lower levels.
  17. Repeatedly , since 12000 on Nifty I have been saying not to buy. Advice remains the same that don't buy even now. Do not try to act much smarter in Advance and start buying you can lose total Capital .
  18. This Market is not to make any Adventures.  Protect your Capital. Markets are open for lifetime & Money can be made later on.
  19. We have sold Today's Expiry ATM & OTM call Options.
  20. Hearing a new term from Many People now a days " Markets are Oversold" & should not go more lower from here. Now , i just want to ask what is Oversold? How much is Oversold? 15% ,20% or 25%.
  21. When Nifty fell 10% everybody was saying markets are Oversold. Now it's down by 25% and still people are saying the same. There is no definition of "Oversold" . Do not fall in this Myth and start Predicting things before hand.
  22. Don't expect any big recovery in the Month of March for sure.
  23. Futures Trading at a high Discount from Spot levels. So making Money in Futures Market is Quite Difficult. Best way to deal with this Volatility is to buy puts.
  24. Good times will come. Bad times are Temporary , Good times are Parmanent so be safe and dont take wild risks.
  25. Its okay if you don't make Money reading my Blogs. My job is to Safeguard & show the way / direction of Market. If my Blogs have protected your Money and have shown you the way forward then my job is done.

Comments

Popular posts from this blog

Pre - Budget Analysis (1st Feb 2022)

U.S Markets closed higher yesterday. Most importantly , S&P 500 VIX crashed 10%. There was huge Volatility in global markets due to Fed event. Markets remain volatile only when they have topped out or have bottomed out. Right now I feel we have bottomed out at 16850. Asian markets are slightly lower now. Dow futures are lower. SGX Nifty is at 17500. Finally , the most awaited day has come. Budget 2022 is going to be presented today. Expectations are of a good and stable budget. Reasons are the Elections coming up and LIC IPO in March. Govt very well knows if LIC IPO has to go through , Market sentiment has to be good. Without good market spending it would be very difficult for IPO to go through. Market had already fallen a lot before the budget. Although we have rallied in last 2 days but still we have some upside left. Though I feel it's not favourable to chase today's gap up. Today's gap up is a good opportunity to book profits those who carried longs. Bud

Pre - Market Analysis (17th Feb 2022)

U.S Markets closed flat yesterday. Right now Dow futures are slightly lower. Asian markets are slightly higher. SGX Nifty is near 17380. Suggesting a flat start for the day. Yesterday was a heavy Volatile session. Markets have moved all over the place yesterday. At one point of time Nifty rallied and at one point of time we were ready to cross 17500. Then news of Russia came that Russia has not fully taken back their military troops. This led to a drastic fall in the last 2 hours. Nifty crashed all the way to 17300. India VIX came to positive. U.S Markets at one point of time were down quite significantly yesterday. But later during the day they have recovered most of their losses. Most importantly , U.S VIX fell 5% yesterday. Here as well we can hope markets to stabilize and VIX to collapse. Premiums are quite attractive considering only 6.days left for expiry  1000 points away put options are also trading at 20-25 rs premium. These put option buyers you know are crazy peo

Pre- Market Analysis (5th May 2022)

U.S Markets closed higher yesterday. Asian markets are higher. SGX nifty is up 150 points. Yesterday was a very tricky and unexpected session. As soon as Market opened there was a continuous selling. Market was falling left , right and center without taking any support. I was wondering why is the Market going against the global cues Then we got the news about RBI Governer press conference. So some informed people already knew about this rate hike. Hence there was a sudden selling in the markets. RBI hiked repo rate by 40 basis points and Cash Reverse ratio by 50 basis points. Repo rate is the rate at which banks borrow money from RBI. When the rate is increased banks borrow money at higher cost and in turn loans also get costlier. This slows down the growth and liquidity in the Market temporarily. Cash reserve ratio is the interest free deposit money which banks have to keep with RBI. RBI uses that money without having to pay any interest on it. Increasing CRR means RBI is