Skip to main content

Pre - Market Report (1st April 2020)

  1. US markets closed 2% lower Yesterday.
  2. Asian Markets are almost flat.
  3. Coming few weeks are highly Critical related to Corona front. Both in U.S as well as in India.
  4. Yesterday , a good News came from China front that their PMI data for the Month of March has Increased. 
  5. This shows that Companies after getting out of Lockdown can expand their Business & create demand Immediately.
  6. The level of VIX shows the level of Panic. VIX is reducing Considerably both in U.S Markets as well as our Markets.
  7. Yesterday India VIX was down more than 10% . This is a good sign.
  8. SGX Nifty indicating a 1% negative opening as of now.
  9. Bank Nifty lot size for F&O Contracts will be Increased to 25 shares per lot from July onwards.
  10. Today is Weekly Expiry on Options so there might be some sharp Irriational rallies in 2nd half of the Trading Session.
  11. The Plan is to do just Option Selling today. As Time Value keeps reducing the Option Premiums & it's a low Volatile Market as compared to March series so Premium Eating might be an easy money job.
  12. I do Option Selling mostly in Bank Nifty and very selective in Nifty. Bank Nifty offers good movement so Option Selling on various Strike prices gives good returns.
  13. I exit my Positions by 3 pm because later on there are Violent Swings on Bank Nifty.
  14. 16000 PE & 23000 CE for 1st April will likely open at single digits so will exit this Immediately as soon as market opens.
  15. Will look to enter into fresh Straddles in Bank Nifty in range of 700-800 Points and in Nifty in range of 200-300 Points.
  16. Related to Equity Trading , keep your Focus on Stocks where there has been excessive short building during last Month. This can give short covering moves today.
  17. If lockdown is extended in India then we might test the level of 7500 on Nifty again.
  18. Option Buyers should again remain very Cautious today because there is not excessive Volatility as we used to Witness in March.
  19. Also I might eat away the Premiums. So it's better to trade in coming week Expiry Options. You get the Advantage of time.
  20. Tomorrow is a Holiday so again it's not Advisable to carry any sort of large positions over a Holiday.
  21. Friday , Monday , Tuesday & Wednesday ( first half) I focus on Option buying.
  22. Wednesday (Second half ) & Thursday ( Weekly Option Expiry day) I focus on Option Selling.
  23. Option Buying is also done on Wednesday & Thursday only in case of Trending Markets.
  24. Expecting the Expiry between 8300-8700 today on Nifty.
  25. Bank Nifty would be between 19000-20000.
  26. Be Safe than Sorry , follow Stoploss and Trade with a Plan.
  27. Stay Safe , Stay Home.


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

Pre - Market Analysis (16th June 2022)

U.S Markets closed higher Yesterday. Right now Dow futures are higher by 140 points. Asian markets are higher. SGX nifty is indicating a gap up opening. Yesterday as anticipated Fed increased the interest rates by 75 basis points. This is the largest increase since 1994. There was a relief rally due to the same in U.S market and U.S VIX crashed 10%. How long will this relief rally go on is a big question. Our Markets were terrible yesterday. Everybody is shorting left , right and center. Yesterday all Put options premiums raised in last 30 mins. Even 15200 PE which is 500 points away from spot rose from 4rs to 13rs. Today we might get some short covering as we open and even head higher. 16000 should be a firm resistance for the day. I won't chase this gap up because when Market reverses it's with great speed. I'll look to short near 15950-15980 with a stoploss of 16020. In Bear markets the rallies sre quite ferocious but again markets make fresh lows. So remembe

Pre - Market Analysis (18th August 2022)

U.S Markets closed Flat Yesterday. Asian markets are mixed. SGX Nifty is close to 17940 right now. Yesterday markets broke out of 17900 and now are closer to 18000. 18000 is important as 18000 CE has the highest open interest. Highest amount of calls have been written for 18000 CE strike price. Plus round figures always act as psychological resistance too. Today is the weekly expiry and as of now the range is 17800 to 18000. 17800 is a strong support level and 18000 might act as resistance. Markets will gain steam once 18000 is taken out. Today could be a side-ways expiry. But nothing can be said as markets can always surprise you. IT Index has crossed 30k. Sensex yesterday hit a landmark of 60k. Sensex and Nifty both are now just 3% away from all time highs. So this isnt just a Bull Market , it's a raging Bull Market. India VIX closed below 18 yesterday. Bank Nifty is close to important levels of 40k. Once these important levels are taken out then we move towards all t