Skip to main content

Pre - Market Report (6th March 2020)

  1. Dow was up 1000 Points on Wednesday & Down 1000 Points Yesterday.
  2. World markets are down, due to Corona Virus fear.
  3. Markets are struggling to cope with Corona Virus.
  4. What's more worse is that at the wrong time RBI has taken action against YES Bank.
  5. YES Bank Board taken over by RBI, limits withdrawals.
  6. I have been Repeatedly saying in Public to avoid Yes Bank since the levels of 120-130.
  7. This will create panic in SGX Nifty & will pose a Question about our Indian Banking System.
  8. SGX Nifty has hit a low of 10800.
  9. YES Bank issue has been handled just like US handled Lehman Bros.
  10. US Fed cut rates by 50 basis point before markets open last Tuesday.
  11. RBI will have to do something like that, otherwise, panic will be more.
  12. US Govt as well as Fed are Working very hard to drop down the Panic and Fear & grow the Economy. In India, it is doubtful.
  13. BJP 2.0 do not seem to bother about Economy. They are worried about Citizenship , Shaheen Bagh , Cast Based Politics etc. This Government never talks about the Economy and the Growth of Capital Markets.
  14. PSUs are great wealth destroyers in the last decade & will continue to be so.
  15. It will be difficult to short the market at this time as bounce can come any time. Shorting a 150-200 gap down is Quite risky.
  16. From past few days i was thinking that Markets are forming a base , worst is over & we will recover from here.Suddenly this YES Bank issue has come.
  17. Expect both YES Bank and SBI to crash today. Won't be Surprised if Yes Bank opens 50% today.
  18. IndusInd Bank will see the collateral damage.
  19. FIIs keep selling in Cash market.
  20. They also have huge short positions in F&O.
  21. On any bounce, keep shorting the Markets this seems to be Working now.
  22. First 45 minutes, there will be huge volatility. Do not take any Positions , wait for the Markets to settle down & observe.
  23. Those who have Invested in Yes Bank should ask themselves why have they Invested in it? Have they done any Proper Research before Investing? This should be a big lesson for them that investing in Companies without any Research will cost big.
  24. Many are feeling Sad for Rakesh Jhunjhunwala as he lost about 80 Crores in Yes Bank Shares. Which ISN'T even 0.005% of his total Portfolio. So my advice would be to first take care of Ourselves Rather than Worrying about others.
  25. In my 11 Years of Experience i learnt:.     What looks Cheap will be available much cheaper. What might look very Cheaper might go to Zero. This sums up Yes Bank Story.
  26. Do not carry any Positions over the Weekend. One never knows what news might come in Weekend & it will have a Major impact on Monday.


Comments

Post a Comment

Popular posts from this blog

BJP Falls short of Majority (5th June 2024)

1.U.S Markets closed higher Yesterday  2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically.  9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country. 20. Com
Post a Comment
Read more

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
Post a Comment
Read more

Show me a negative news? !! (3rd June 2024)

1.U.S Markets closed higher on Friday.  2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 500 Points. 7. There is a list of Positive news. 8. Which one do you wish to hear first? 9. Ok let me start. 10. First the GDP at 8.2% is a fantastic growth by India. 11. This shows that we are the only Country who is growing and is capable of growing in future at this rate. 12. GST Collections at 1.73L crore. 13. Just previous FY , we had hit 1L crore collections. 14. Now we are on the way to 2L crore. 15. More GST collections implies higher growth in the economy etc. 16. Next is the Global sentiment has changed. 17. Dow has rallied more than 500 points on Friday.  18. FII's F&O Positions indicate the are hugely short on the markets. 19. Next,  the exit Poll survey which indicates that the present Govt is likely to continue.
Post a Comment
Read more