Skip to main content

Pre - Market Report (27th March 2020)

  1. Trump Announced 2Trillion$ STIMULUS / relief package on the wake of Corona Virus & it also got passed by the Senate Yesterday.
  2. This has been the biggest STIMULUS Package announced till date all over the World.
  3. Dow closed 4% higher Yesterday. Closed in Positive Territory for consecutive 3 Trading Sessions.
  4. SGX Nifty right now is up 1%.
  5. All the World Markets seem to be in a Pullback phase including our Markets.
  6. Honourable Finance Minister , Nirmala Sitharaman also announced at 1.5 Trillion $ package Yesterday.
  7. My Views are that this is a great Package for the poor but there is nothing for Traders & Middle Class People.
  8. RBI Governer Mr. Shashikant Das will hold a Press Conference today at 10 PM.
  9. Today is the Start of Fresh Series and on the Basis of rate cut Expectation Markets might be strong today.
  10. Upper Range for this Pullback rally seems to be near about 9200-9400 range. Those who have entered near 7500-8000 range on Nifty can look to close their long positions here.
  11. Remember than we had a 35-40% one way fall on Nifty so a recovery of 12-15% cannot be ruled out at any instance. Even in the Year 2008 during the crisis phase we had these Sharp rallies of 15-20% in between.
  12. All I am trying to say do not be in a Mindset that "ALL IS WELL" & all problems have been solved.
  13. Problems are rising day by day but Markets in these Situations might work on Sentiment in Short term.
  14. Also I have always been saying almost on an everyday basis that this is a good time to buy Quality Bluechip Stocks for Investment Portfolio.
  15. Those who are still on cash can start deploying & Accumulating your favourite Stocks.
  16. I always advice not to carry any Positions over the Weekend. Nobody Knows what incremental News might come over the Weekend and it will have a huge effect on Monday Opening. Weekends are meant to relax & switch off from Trading.
  17. If you carried large Trading Positions stress would build up due to the same.
  18. To be Frank Indices look very Volatile & choppy for me today also Yesterday after the Relief Package the direction of Markets changed Considerably. So for now there is no plan to trade on Indices today. However if my Trading Screen gives me an Indication on Market hours I might trade. Who knows!
  19. It is always Advisable to buy time & Understand the Market behaviour on the Initial days on a fresh Expiry Week.
  20. Today I will look to trade Mostly on Equity Stocks. The Stocks which have beaten up badly might give a sharp & Immediate 15-20% rally on short term basis. So this is a good Trading Opportunity to explore into.
  21. Have already Deployed 50% of my Cash the Remaining 50% would be Deployed in 2 INSTALLMENTS each on a fall of 10% on each on the Stocks I Invested into.
  22. It is also a good time to build Portfolio of FMCG , Consumption Stocks & Life Insurance stocks by deploying some Percentage of your Money.
  23. Nobody Knows when will we bottom Out & solve this problem so it is a good time to Accumulate stocks on every fall for Investors.
  24. Sold Axis Bank 600(Strike Price) April CE @7rs (Still holding)
  25. IndusInd Bank 700(Strike Price) April CE @20rs Averaged it Yesterday and Average cost is 32rs now.( Still Holding)
  26. Views Expressed here are Personal & please refer to your Financial Advisor before entering a trade & Trade at your own risk.


Popular posts from this blog

Reversal from 20k (24th July 2023)

1. U.S Markets closed lower on Friday. 2. Dow Jones was flat. 3. Nasdaq was the underperformer. 4. Gift Nifty is down 30-40 Points. 5. Asian markets are mostly lower as well. 6. Friday the Nifty opened with a gap down of 200 points. 7. Within the next 10 minutes , Nifty recovered 100 points. 8. Bulls expected recovery is on the cards but Nifty started to Crack. 9. Bank Nifty was holding up Nifty for most of the while. 10. It couldn't be able to provide much of a support and Bank nifty also began to correct. 11. The issue now is market has had vertical rallies. 12. One way quick rallies so now the downfall will also be vertical. 13. When markets go up quick , they come down quicker. 14. Infy dragged the mood and also HUL didn't post extraordinary results so it was also a laggard. 15. Banks tried hard to hold the markets but couldn't. 16. Over the weekend , AU Bank and icici bank reported very good numbers. 17. These banks have already rallied a lot before results

Finale Expiry Week (19th May 2023)

1. U.S Markets closed  higher yesterday.  2  Right now , Dow Futures are slightly higher. 3. SGX Nifty is higher by 40-50 Points. 4. Asian Markets are higher. 5. Yesterday was a strange trading day. 6. I say strange because SGX Nifty pre market was showing 30-40 point gap up opening. 7. Nifty opened around 120 points higher. 8. This was a huge gap up out of nowhere. 9. So naturally it was an excellent shorting opportunity.  10. The Volatility again yesterday was super high. 11. Nifty tested the previous day low of 18100 once again yesterday.  12. There was an intense selling during the last 30 minutes yesterday.  13. Surprisingly,  INDIA VIX hasn't inched higher in last 3 days of extreme sell off. 14. This shows that there is lesser panic in the markets right now.  15. Currently,  we have a good risk - reward trade opening up on Nifty. 16. 18100 looks as a double bottom being made on Nifty for the short term. 17. There are fever indications for the same  18. One could g

U.S Markets firing 🔥 (8th Feb 2024)

1. U.S Markets closed higher Yesterday. 2. U.S Markets are trading at their all time high on daily basis. 3. S&P 500 is now at 5k. 4. This has been a stellar show across the globe. 5. We have an Election Year in the U.S as well. 6. As you might not be aware more than 45% U.S citizens invest in stock market. 7. So for the Government to have a good impression and to gain vote Bank stock market have to be kept higher. 8. Government and FED will do what all they can to keep pro markets  9. Bank Nifty showed signs of comeback yesterday but the rally failed again. 10. Largecap stocks continue to underperform whereas Mid & Small caps continue to soar new highs. 11. Once a trend develops in the markets it can go on for a long time than expected. 12. Interestingly , I was doing some number crunching yesterday and found that small & mid cap companies have given better than expected results than large caps. 13. Most of the large caps have disappointed. 14. Star of the pack