Skip to main content

Pre - Market Analysis (17th June 2020)

  1. U.S Markets closed 3% higher Yesterday.
  2. Asian Markets are all in Green.
  3. SGX Nifty is down 50 Points and Trading near 9830 now.
  4. Yesterday the Markets were highly Volatile due to Indo - China border issue.
  5. In Market hours News Came that 3 Soldiers died.
  6. But Today Morning it's being Reported that almost 20 Soldiers died.
  7. There were many Casualties in China as well.
  8. I dont think this would go on further or there may be a War as both the Countries cannot afford a war.
  9. Already we are Fighting an invisible Enemy in the form of "Corona Virus".
  10. Index Heavyweights like Reliance , HDFC Twins Supported the Market Yesterday.
  11. Due to which we closed in a Bullish Tone.
  12. This isnt a Trending Market.
  13. This is a Swinging Market in which there are large swings on both sides with heavy Volatility.
  14. Sticking on to Trades for a longer timeframe might out to be very risky.
  15. Trading without a Hedge is calling for Trouble.
  16. FII's were net sellers again Yesterday.
  17. They are Unsual People.
  18. When the buy they keep buying and vice Versa.
  19. 9700 is a near term support on Nifty and Yesterday it didn't get Violated.
  20. Expect Reliance , ITC , HDFC Twins to support Nifty and Don't see major fall here.
  21. Trade is to buy near the Support area and play for the swing.
  22. Trading in these Markets is Difficult but not impossible.
  23. It requires Skills , Experience and Money Management.
  24. Yesterday I've bought Reliance 1x 1640 CE , Sold 2x1720 CE , 2x1760 CE.
  25. Next Resistance is near 1700 for Reliance so If Reliance Expires between 1640 to 1720 there is a return of 15% in just 6 Trading Sessions.
  26. Will do Adjustments to this Strategy Accordingly.
  27. 9700 to 10000 is the range for Nifty.
  28. Trade for a swing either side.
  29. Take Contra Bets , this Market is not Trending and won't reward Trending Trades.
  30. If you want Excitement then Trade in Bank Nifty.
  31. It's the highly Volatile index.
  32. Yesterday it was up 800 Points , went down 1200 Points and then Recovered.
  33. Better to avoid such Indexes currently.
  34. Nifty might Trade between 9700 to 10k


Popular posts from this blog

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

Pre- Market Analysis (5th May 2022)

U.S Markets closed higher yesterday. Asian markets are higher. SGX nifty is up 150 points. Yesterday was a very tricky and unexpected session. As soon as Market opened there was a continuous selling. Market was falling left , right and center without taking any support. I was wondering why is the Market going against the global cues Then we got the news about RBI Governer press conference. So some informed people already knew about this rate hike. Hence there was a sudden selling in the markets. RBI hiked repo rate by 40 basis points and Cash Reverse ratio by 50 basis points. Repo rate is the rate at which banks borrow money from RBI. When the rate is increased banks borrow money at higher cost and in turn loans also get costlier. This slows down the growth and liquidity in the Market temporarily. Cash reserve ratio is the interest free deposit money which banks have to keep with RBI. RBI uses that money without having to pay any interest on it. Increasing CRR means RBI is