Skip to main content

Pre - Market Report (9th April 2020)


  1. US markets closed 3% higher Yesterday.
  2. U.S Markets have recovered almost 45% of what they have lost due to Corona Virus Crash.
  3. SGX Nifty is up 140 points in the Pre - open.
  4. Interesting Observation which I got is Indian Markets are Blindly copying the U.S markets from past 2 days.
  5. On Tuesday U.S Markets were up 8% our Markets also ended 8% higher.
  6. Wednesday the U.S Markets were up 2-3% in first half & then closed flat by End of the day. Same Happened in our Markets Yesterday.
  7. Will we do the same today? Until how long will this continue?  Nobody Knows.
  8. Nifty is likely to move between 8000 to 9000. This seems to be a range where Markets would keep Consolidating.
  9. If 9000 Breaks & Sustains then we should expect higher levels on Nifty.
  10. Yes we are in a Pull Back / Short Covering rally & I think this has enough legs to last further.
  11. Markets have again become Very Volatile. Yesterday Bank Nifty made a swing of 1500 Points just in a span of one hour.
  12. I see there is Bearishness Everywhere. Everybody expects the Markets to make fresh Lows due to Extension of Lockdown etc. While this may happen , currently I don't see Markets reacting to the same.
  13. As Everybody is Bearish ( Youtube Experts , Instagram Followers) this is a buy signal to me.
  14. The way to make big Money is to "SELL GREED & BUY FEAR"
  15. I am Bullish just in the Short term & I expect the rally to last more Further.
  16. So , I've changed my Strategy from Sell on Rallies to "BUY ON DIPS".
  17. The way I will ride this rally is to buy far OTM April Expiry Call Options.
  18. Far OTM call options because If I lose it won't hurt me much but if I win this can easily give 3-4 times return.
  19. In the Long run Economy is likely to weaken & the Markets could retest the lows of 7500. In the Immediate short run this Pullback could last further.
  20. 9000 on Nifty seems to be an Immediate Hurdle and Markets REVERSED Yesterday from those levels.
  21. Sold some Far away Call Options & Put Options Yesterday. (16000 PE & 21000 CE on Bank Nifty)
  22. Next week there are only 3 Working days for the Markets so would look to build some Short Straddles on Nifty as the Premiums are high.
  23. Yesterday Markets just moved in a Range , made Wild Swings , gave an Indication as if we are in a TRENDING direction but that never happened.
  24. It was in a Rangebound zone & fooled majority of the Traders. I expect the Markets to be in a Rangebound zone & keep going up slowly.
  25. Reminder : Do not link Corona Virus news ( Deaths , Positive Cases etc)with Markets now. Markets Seem to have absorbed all of it and now only any Major Incremental News ( extending Lockdown etc) would only impact the Markets. 
  26. Consult your Financial Advisor & Trade on your own risk. 
  27. stockmarketadvisory.in

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