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

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