Skip to main content

Pre - Market Report (16th April 2020)

  1. U.S Markets were down 1.5% Yesterday
  2. All Asian Markets are also Trading Negative.
  3. SGX Nifty Currently trading 1% Negative.
  4. Retail Investors are behaving Smart. They are selling at higher levels and buying at lower levels.
  5. From last 10 Days DII's have sold more than 7000 Crores.
  6. Retail Shareholding in HDFC Bank has also increased Significantly
  7. Number of retail shareholders in December 2019 quarter was 8.7 lakh whereas March 2020 quarter was 12.5 lakh, a jump of 40-45%
  8. Yesterday was a bit Unusual. All Nifty 50 Quality Stocks fell. In last wave of selling all Quality Stocks fall.
  9. It would be fair to say that Investors should not expect any returns in Year 2020.
  10. Corona Virus Pandemic will leave us with many Unsolved issues. (If this ever leaves)
  11. Government has Announced that Few Selected Activities would be allowed after April 20.
  12. These include Farming , E-commerce , Fisheries etc.
  13. Yesterday despite the Market falling so quick Put Option Premiums were not rising Proportionately due to Falling VIX.
  14. Today is Weekly Expiry & decay in Option Premiums would be faster.
  15. Option Buyers are advised to Trade in "23rd April" expiry Options. 
  16. Time is in your Favour when you trade higher timeframe options specially on the days on Expiry.
  17. Expecting a Rangebound Market today as well with Slight "Negative Bias"
  18. Nifty is likely to Expire between 8700 & 9100
  19. 9300 Level on Nifty would act as a Big Resistance. 
  20. We fell 3-4% Yesterday from that Zone very Rapidly.
  21. So today its likely to be "SELL ON RISE" market. 
  22. Rallies closer to 9000 & 9100 could be sold into as risk reward turns in your Favour at these levels.
  23. PSU Banks & PVT Banks , Cement Stocks look Weak and can be used for Short levels for Intraday Basis.
  24. Markets not reacting to any Incremental News related to Corona Virus front.
  25. So don't link such News to Market and specially not for Trading.
  26. Sold 8600 Nifty PE & 9200 Nifty CE Yesterday.
  27. Sold 17000 PE &21000 CE on Bank Nifty Yesterday
  28. Will Square off / adjust Positions related to Market Movement Accordingly and will continue to focus on Option Selling today.
  29. Option Buying may Emerge in 2nd half as it Emerged Yesterday. So be Watchful for those as well.
  30. Consult your Financial Advisor & Trade on your own risk


Popular posts from this blog

Nifty hits 17k (15th March 2023)

1. U.S Markets closed higher yesterday.  2. Right now , U.S Futures are lower. 3. SGX Nifty is up 80-100 points. 4. Asian markets are mixed. 5. There has been 4 days of relentless selling in our Markets  6. The reason doesn't seem to be Banking collapse in United States. 7. U.S Markets have settled after a knee- jerk reaction. 8. Our Markets haven't settled yet. 9. This isn't a selling like the previous ones. 10. Previously FII's used to target few nifty stocks  11. Used to sell them and create panic. 12. This selling is now an all around selling. 13. Broader Markets have been bleeding extensively. 14. There is pain all around. 15. Now 17300 becomes a very important resistance. 16. Nifty might retest 17300 and then break 17k. 17. Markets won't collapse in a hiff.  18. There would be intermittent rallies in between to take weak shorts out. 19. FII's have now been selling aggressively.  20. Nifty might trade between 17000 to 17300 today. 21. stockmarke

SVB Bank crisis Unfolds (13th March 2023)

1. U.S Markets closed lower on Friday. 2. Right now , U.S Futures are higher. 3. SGX Nifty is up 20-40 points. 4. Asian markets are higher. 5. I wasn't able to understand why were the markets crashing on Thursday & Friday. 6. During the weekend the news broke over. 7. SVB Bank which has been termed as the worst crisis since 2018. 8. This is mainly a start up based Bank. 9. This crisis was to happen looking at the start up valuations and findings received. 10. This was anticipated by big players and hence there was intense selling on Thursday and Friday. 11. Sometimes , one doesn't understand a particular move of markets unless news is out. 12. As retailers are the last players to know anything happening. 13. During the weekend , FED ensured and gave assurance that Depositors funds would be safe. 14. No depositors would lose money. 15. That's the reason U.S Futures are higher by more than a percent each. 16. Looking at Technicals , we are trading at the lower

Nifty hovering near 17k ( 16th March 2023)

1. U.S Markets closed lower yesterday.  2. Right now , U.S Futures are higher. 3. SGX Nifty is Flat. 4. Asian markets are mixed. 5. Yesterday Nifty tried to retest 17300. 6. There was a rejection from this level and Nifty broke 17k. 7. Exactly as we has hinted in the blog yesterday. 8. U.S Markets when I slept yesterday were down 700 points. 9. Today Morning I saw there was a sharp recovery from the lows and they have closed just 270 points lower. 10. This recovery from the lows cannot be termed as bottom yet. 11. Trends don't change so easily and bottoms take time to be made. 12. 16800 is the next major support now. 13. All he'll would break loose once markets break 16800. 14. We might consolidate now for a few trading sessions. 15. Before there's a bigger move in the markets. 16. 17000 is the first support and next major support at 16800. 17. U.S VIX has crossed 25 now. 18. India VIX is close to 17 now. 19. The Volatility which we are having now it seems like