Skip to main content

Pre - Market Report (5th May 2020)

  1. US markets ended Positive after Trading in Negative Terrain Yesterday.
  2. Asian markets are Trading higher.
  3. SGX Nifty is up 100 Points & Trading Near 9380.
  4. Bank Nifty Underperformed Nifty Yesterday & all the Financials have taken a massive hit Yesterday.
  5. All Put Options are Trading at more than 500% Premium which shows that Markets are highly Oversold in Short term.
  6. Specially the Financials.
  7. Almost all the Economies are Slowly opening up & relaxing the Lockdown.
  8. India has also Started to do the same but the Disturbing aspect is the Positive cases seem to increase Drastically after some Relaxations.
  9. If the same Continues , we might be forced to Lockdown again.
  10. VIX was up 10% Yesterday and Option Premiums were Considerably high.
  11. FIIs & DII's were net sellers Yesterday and have sold more than 3000 crores combined.
  12. Indian Markets are awaiting for the Economic Package to be announced by the Government.
  13. Bank Nifty would continue to Underperform this Expiry.
  14. Sold 8000 PE , 8100 PE , 8200 PE , 8300 PE , 8400 PE , 8500 PE ,8600 PE , 8700 PE , 8800 PE , 8900 PE & 9000 PE.
  15. The motive of selling Puts at Various strike Prices is to reduce risk.
  16. Sold Call Options Ranging from 9,900 to 10500.
  17. Will be collecting 4.8% on my Capital Deployed in just 3 working days if Nifty Expires between 9000 &10,000.
  18. All my Trades are of Weekly Expiry only.
  19. This Strategy requires lot of Adjustments so I don't advice anybody to follow me unless you are thorough with Adjustments and know how to deal with risk.
  20. Expecting Markets to be Sideways in first half of the Trading Session today.
  21. If Bears are Unable to take Markets lower in the first half then there might be a Short Covering Rally in the 2nd half of today's Trading Session.
  22. Nifty might Trade between 9250 to 9500 today.
  23. Expecting VIX to fall from here for this Expiry which would indirectly benefit for Option Selling.
  24. Expecting Nifty to Expire between 9000 to 9900 for this Weekly Expiry.


Sonal Meharia said…
Just by going through your blogs give us a market movement for the day.
Thanks for always updating us:)
Sonal Meharia said…
Thanks for updating us:)

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

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

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