Skip to main content

Pre - Market Report (4th May 2020)

  1. April Expiry closed on an Optimistic note and we Witnessed series highs on both Nifty & Bank Nifty.
  2. U.S Markets were down 2% each on Thursday & Friday.
  3. Indian Markets were closed on Friday due to Maharashtra Day.
  4. Asian Markets are also Negative.
  5. U.S Futures are also Trading Negative since Morning.
  6. SGX Nifty is down more than 500 Points.
  7. Due to the lock down for entire month of April, Auto companies have declared zero sales.
  8. Our Government needs to Balance the Lockdown will Partial opening up of Economy Slowly as our Economy is in a total mess.
  9. U.S has openly announced that they would like to Investigate China Labs to check if they have Purposely spread the Corona Virus.
  10. All the Countries are in Support of U.S but China is Denting the same.
  11. Possibility of Global Tariffs , Trade Wars may also open & Economy may slow down further.
  12. Lockdown in India has been Extended by 2 more Weeks.
  13. Partial opening up of the Economy is being Witnessed but frightening part is Corona Virus Cases have been increasing rapidly due to the same.
  14. If Corona Virus Cases are in control, then Govt will be inclined to open the Economy in more areas.
  15. If Corona Virus Cases increase, then even the opened areas may be locked down again.
  16. Reliance declared results over the Weekend and the results were Mixed. 
  17. Rights issue around the price band of ₹1250 per share has been announced by Reliance. Need to see how Market takes this into Perspective.
  18. Expecting May Series to be highly Volatile and VIX could go higher to 40-50 levels again.
  19. FII's are holding more than 57% long Positions in Index Futures but the Long Positions in Equity Futures is less than 40%.
  20. They are buying the Indices but selling Individual Stocks.
  21. 9400 is the Immediate Support of Nifty.
  22. Then we have Supports in a gap of 200 points each.
  23. 9400 , 9200,9000,8800 etc.
  24. Chances of Markets hitting lower Circuit today are less likely.
  25. Interesting Observation which I would like to share is Markets are almost opening with a large gap up or gap down almost on a daily basis.
  26. After such Gap openings market consolidates in a small Range.
  27. Big Moves are not Witnessed after Market opens.
  28. Today as well Nifty might Consolidate in a Narrow Range for the first half of the Trading Session.
  29. Will not be Exploring any Trades in the first half of the Trading Session.
  30. Will be Waiting for Opportunity in the second half to enter if there is any.
  31. If I do not get a Trending move in my Favour I wont do anything.
  32. Giving an Intraday range in these Volatile Markets isnt Possible.
  33. This Expiry Range for Nifty could be between 8750-9900.
  34. 10000 is a big Resistance on Nifty now.


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