Skip to main content

Pre - Market Report (11th May 2020)

  1. US markets closed a Percent higher on Friday.
  2. Asian markets are Trading Positive.
  3. Almost everyday we are witnessing gap up of more than 100 Points on SGX Nifty.
  4. SGX Nifty is up 120 Points & Trading near 9350 as of , 8.18 AM.
  5. Reliance is the star of the Show & has given more than 90% return from lows of March.
  6. Nasdaq has turned Positive for the Year & S&P 500 is up more than 50% from it's lows of March.
  7. ICICI Bank Announced Results over the Weekend and the Profits took a hit due to higher Provisioning.
  8. SBI Cards results were announced over the Weekend & Profits were down 66%.
  9. This was due to no Repayments from Card Holders as RBI has given 3 Months Moratorium Period.
  10. India may Announce it's Economic STIMULUS Package this Week.
  11. Several Meetings were conducted over the Weekend over the Discussion related to Economy.
  12. Bank Nifty is Underperforming Compared to Nifty and ICICI Bank might drive the Bank Nifty movement today if it reacts Violently based on Results.
  13. FII's were net Buyers on Friday and DII's were net sellers.
  14. Kotak Bank is going to Announce it's Results on Coming Wednesday.
  15. In United States , there is a saying " Don't mess with the FED".
  16. In India , Traders should develop a saying " Don't mess with RBI".
  17. As long as Government is initiating actions and measures related to Economy one should be Cautious and avoid excess Pessimism.
  18. Nifty is Trading in a Range of 9100 to 9450 now.
  19. Markets are fairly lack lusture and there is no Movement / Follow Through.
  20. Best Thing to do is to sell Gap ups and Buy Gap downs.
  21. Not Advisable to chase gap ups as Risk - Reward goes out of Favour.
  22. I do not Expect Nifty to go below 9000 this Expiry.
  23. Upside Potential remains much higher.
  24. Once Nifty crosses 9450-9500 & Sustains.
  25. We can witness the Previous highs of 9850-9900. 
  26. Nifty may keep Consolidating in the above Mentioned Range for 1-2 Days and after the STIMULUS package Announcement it might Break out.
  27. On the other side I am not Expecting much from the STIMULUS Package but Sentiments might drive markets higher.
  28. Advice Remains to Sell the Rallies and buy the Dips.
  29. Don't hold your Positions for too long and come out with what Markets have to offer.
  30. Buy and Hold Option Buyers will be Trapped this Expiry as well.
  31. 19000 to 20500 is the Range for Bank Nifty.
  32. Nifty might trade between 9200 to 9450.
  33. Government Companies , PSU Banks , MSME Sector should be Focused on the Equity Front as Economic STIMULUS would benefit these sectors.


Anonymous said…
Youbare doing great job brother keep it up 👌

Popular posts from this blog

Bull Call Spread Options Strategy ( With Practical Example)

I Strongly believe , to be Successful in Stock Markets you Require two things : 1) Edge 2) Hedge Edge means having your own Trading System , following your own consensus & Conviction. Hedge is like an Insurance Policy , it will protect you from losing big and also maximise your earning potential over time without Destruction of your Capital. I will be Sharing one of the Hedging Strategy here. Example : Nifty on Friday (5th June) has closed around 10150. You are Bullish for this Weekly Expiry and what you to do is buy a Call Option of 10200 which is Trading around ₹120. Buying or selling naked Options involves high risk as its equal to betting. If you win you win Big or else you lose Everything. So buying naked Options isnt my Cup of Tea. What will I do in this Scenario? I would buy a 10200 CE (11th June Expiry ) at ₹120 and would sell a 10300 CE (11th June Expiry) at ₹80 to manage my risk. Now there are 3 Situations which can happen : 1) Nifty continues to rise: The 102

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