Skip to main content

Pre - Market Report (6th May 2020)

  1. US markets opened 1.5% higher Yesterday but closed Marginally higher.
  2. Asian markets are Mixed.
  3. Yesterday our Markets opened with good Optimism but closed at the lowest point of the day.
  4. This was on the back of 500 Point fall on Monday.
  5. Nifty fell more than 600 Points in just 2 trading Sessions.
  6. Buy on Dip days Seem History & now we are turning into sell on rallies Market.
  7. Crude Oil Prices have risen by 25%.
  8. After Bitcoin , Crude Oil seems to be the Most Volatile Trading Instrument.
  9. FII's & DII's combined have sold more than 2000 crores Yesterday.
  10. As Mentioned in previous days Blog that Bank Nifty would continue to Underperform & this seems to be Continued till this Expiry.
  11. Bank Nifty has fallen more than 15% in just 2 Trading Sessions.
  12. Financials are the Weakest sector in the Current Market Environment.
  13. Petrol prices have been Increased by ₹8 / litre Yesterday and almost in all the States.
  14. I've Stopped Expecting anything Positive from this Government on the Economy front.
  15. If they can handle this Mess without making it Messier then it would be a great job by their Standards.
  16. India is not a rich country Compared to U.S and we cannot expect huge Fiscal STIMULUS package.
  17. There is no STIMULUS package announced by our Government even after 2 Months of Lockdown.
  18. U.S has Announced STIMULUS package more than thrice and has also Transferred money to every Citizens Bank Account.
  19. Major problem for our markets (i) Absence of Fiscal Stimulus, (ii) Banks requesting for 3 more months of moratorium & huge surge in Corona Virus Cases.
  20. Second Wave of Corona Virus cases seems to be on the Cards now.
  21. Telangana Government has already extended Lockdown till the end of May which is not a good sign.
  22. The Market has reversed the Trend & now in a very Weak Zone.
  23. The Backbone of Market ie, Financials have been losing all of their Shine.
  24. Rallies will come and wait Patiently to sell into them.
  25. Expecting the Markets to be Consolidating & Rangebound & this Expiry to end on a Negative Bias.
  26. Yesterday there was high Volatility Inspite of falling VIX.
  27. Nifty might Trade between 9050-9400.
  28. Bank Nifty will continue to Underperform Compared to Nifty.
  29. Explore Shorting Opportunities on Financial Stocks specially on the PSU Banks.
  30. SBI trading near 52 Weeks low, Bajaj Finance at the 52 Weeks low could be good Shorting Opportunities.
  31. FMCG's & Consumer Durable Companies are safe bets for going long and to hedge your short Trades.
  32. Consult your Financial Advisor & Trade on your own risk.


Sonal Meharia said…
Your blogs are to good:)

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

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

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