- US markets closed 7.5% higher Yesterday.
- All Asian Markets are also Positive by an Average 2-4% .
- SGX Nifty at around 8.30 AM is up 400 Points.
- This Pre - Open rally is Indicating that Markets are not reacting very highly on Negative news as we Witnessed in the Month of March.
- Those who feel that just by buying Put Options and holding it in Bear Markets can give you profits each & everytime , this is not the case.
- The Rallies in Bear Markets are very sharp and Fierce.
- We are in a highly Volatile Bear Market & if one doesn't manage risk Properly you will lose everything in Trading.
- I have been advicing from almost 2 weeks now that this is a good time to build Portfolio and Accumulate Stocks for long term.
- Investors first aim should be to pick Companies which will sureshot survive after this Tragedy.
- These type of Investments will give you good returns in coming Months. Do not start looking for Fancy Names and new Companies.
- Companies which are down 30-40% in this Crash will recover very Quickly when market rallies and Companies which are down 70-80% would not & continue to keep sinking.
- So don't buy what's just cheap.
- Buy Quality Stocks which are Available at good Valuations.
- Though Markets fell on Friday , Put Option Premiums were not risking Proportionately due to Falling VIX.
- This is again a Truncated Week for Stock Markets and Friday is also a Market Holiday.
- The Larger Trend is still Bearish.
- Markets will continue to surprise everybody by these Sharp Rallies time & again.
- One should always Remember that these are Interminnent rallies and won't last long.
- Markets have their own way of Trading because of Oversold & Overnight Positions the picture might look different in short term.
- India will continue to Underperform all the Global Markets & Bank Nifty will continue to Underperform Nifty.
- Each & every rally is an Opportunity to keep Accumulating April Series Put Options.
- Remember that Markets don't collapse in a Straight line , there will be rallies , gap ups etc. You should keep all this into consideration while placing your Trades.
- There is a high Probability that Lockdown will be Extended which will weaken our Economy Further.
- My Advice is not to carry any Positions for Trading.
- If you are taking Trades exit them Intraday itself. As we are Witnessing big gap ups & gap downs on a daily basis.
- stockmarketadvisory.in
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
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