Skip to main content

Pre - Market Report (26th March 2020)


  1. Trump Announced 2Trillion$ STIMULUS / relief package on the wake of Corona Virus.
  2. This has been the biggest STIMULUS Package announced till date for U.S Markets.
  3. Dow closed 2% higher Yesterday.
  4. All the World Markets seem to be in a Pullback phase including our Markets.
  5. Remember the Primary Trend is towards the Short side. What we are Witnessing now it just Pullback / Counter Rallys.
  6. This Pullback may last for some time now.
  7. Unless there is more Incremental bad news related to Corona Virus front I expect the Markets to be Rangebound & Consolidate.
  8. Today is Weekly Options Expiry and also Monthly Expiry for March Series.
  9. Expecting the Markets to Stabilise a bit from now & also expecting the VIX to reduce Significantly.
  10. SGX Nifty Indicating a Minor 50-70 point cut to begin with.
  11. The Big STIMULUS Package which got announced Yesterday Triggered a sharp rally Yesterday in our Markets as well.
  12. So there are high Expectations from our Government as well to Announced a good Relief package for the relief of Economy.
  13. Today I am Expecting the Markets to be Choppy and Consolidating. 
  14. As there is an Expiry today & Premiums are quite high for both CE & PE expecting this could be a perfect day for Option Writers.
  15. So only for Intraday I will be doing only Option Writing today.
  16. Already have sold some far away Call Options 22000 & 23000 CE on Bank NIFTY& sitting on 90-95% Gains on them.
  17. For Option Buyers the advice would be to protect the Capital & even if you wanna take Positions it would be better not to trade on today's Expiry Options and trade on April Expiry Options as Premium decay won't be quick & time is in your Favour.
  18. It is also a good time to build Portfolio of FMCG , Consumption Stocks & Life Insurance stocks by deploying some Percentage of your Money.
  19. Nobody Knows when will we bottom Out & solve this problem so it is a good time to Accumulate stocks on every fall for Investors.
  20. Sold Axis Bank 600(Strike Price) April CE @7rs.
  21. IndusInd Bank 700(Strike Price) April CE @20rs.
  22. Views Expressed here are Personal & please refer to your Financial Advisor before entering a trade & Trade at your own risk.
  23. stockmarketadvisory.in

Comments

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 (13th October 2022)

U.S Markets closed mixed Yesterday. Dow futures are slightly higher right now  Asian Markets are mixed. Indian Markets are highly volatile between 16750 to 17400. Within this range markets have been making wild swings. Yesterday Nifty did retest 16950 and bounced back sharply from there. Yesterday it was a sharp recovery and Nifty closed at the highest point of the day. Today we have weekly expiry. Generally weekly expirys are volatile. 16950 to 17200 is the range for expiry. In case if we break any of the levels then we might get a larger move during the day  HDFC Bank will be delivering the results this weekend  Banking stocks are expected to deliver good results  Yesterday both the IIP and Inflation data came at negative. Inflation rose to 7.4% and Production also has recuced. So it's a double whammy on both fronts . Next leg of move will be decided by the results of the company's. Until then market is likely to stay sideways. Nifty might Trade between 16950 to 1

Pre - Market Analysis (3rd November 2022)

U.S Markets closed lower Yesterday. Right now Dow futures are higher. SGX Nifty is down 150 points. Asian markets are lower. Yesterday there was a Fed event in U.S Markets. General expectations were an increase of 75 basis points  Exactly the same happened and at 11.30 markets recovered sharply from lows  Then at 12 as Fed governer started speaking , it was a complete Hawkish statement. This induced lot of volatility and also selling pressure. U.S Markets closed at the low point of the day. Dow Jones fell 500 points. Although all this happened, U.S VIX didn't shot up It stayed flat. HDFC Bank ADR was down 2% yesterday. This could bring pressure in Bank Nifty. However I feel yesterday was an over reaction in U.S Markets. Markets should stabilize from today. 18000 is a strong support for the day. Previously as well many times Nifty went above 18k but couldn't sustain. Nifty might Trade between 17900 to 18150 today. stockmarketadvisory.in