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.


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