Skip to main content

Pre - Market Report (18th May 2020)


  1. US markets closed on a Mild Positive Note on Friday.
  2. Asian markets are also Mildly Positive.
  3. SGX Nifty is down 60 Points & Trading Near 9085.
  4. News Came over the Weekend that Lockdown has been extended all over the Country upto 31st May 2020.
  5. On Friday FIIs sold Greater than 2200 Crores.
  6. The FII Data Clearly Indicates that they havent liked the STIMULUS package from the Government.
  7. On Friday , Nifty again had a Retest of 9050 but reversed from there.
  8. Market is in a Consolidation Mode in May Series & Boundaries are not easy to be taken away.
  9. Meanwhile Reliance Industries has bagged another Cheque from General Atlantic (U.S Company ) for 1.3% stake in Reliance values at ₹6598 crore.
  10. This is the Fourth Cheque bagged by Reliance from the beginning of this Lockdown.
  11. Reliance is a stock which everyone should have in their Long Term Portfolio & can start Accumulating on small Declines / Dips.
  12. Markets are not ready to React on any Short term news being thrown on it for now.
  13. Currently , Im neither Bullish nor Bearish.
  14. If we get a closing below 9000 or above 9500 on Nifty then I will turn Bearish or Bullish.
  15. As Long is this Range Continues I am Neutral.
  16. Surprisingly , even when Markets are Negative the Call Premiums are Significantly higher Compared to Put Premiums.
  17. This Indicates that we might not fall Significantly from here.
  18. Sold 210CE , 200CE , 190 CE &150 PE for SBI May Series.
  19. The Trade now is to play for a Reversal in Nifty from it's lower Range of 9000-9050.
  20. If these levels are taken out in Intraday and we get a closing below 9000 then we can expect more Bearishness.
  21. Bought 9200 CE , Sold Double the Quantity for 9400 CE.
  22. Defence & Aviation Stocks might be in focus today as Economic Package contained some positive Outlook towards those Sectors.
  23. Bajaj Finance , Finserv are likely to Announce Results this week.
  24. stockmarketadvisory.in

Comments

Post a Comment

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
Post a Comment
Read more

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
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