Skip to main content

Pre - Market Report (26th June 2020)

  1. U.S Markets closed a percent higher Yesterday.
  2. Asian Markets are Mixed with a Positive Bias.
  3. SGX Nifty is Trading around 10290.
  4. Yesterday our Markets were highly Volatile.
  5. If you see the Markets after closing you might see Nifty fell just by 16 Points and think what was so Volatile.
  6. But during the day the Swings it gave were Dangerous.
  7. I've been doing Expiry Trades for about 3 Years now and trust me Yesterday was the most Difficult "Question Paper" in CA Students language.
  8. Every Traders Stoplosses got Triggered Yesterday.
  9. Those who managed high MTM loss at one point and had a strong Conviction made money.
  10. I mentioned in my Blog Yesterday that I am not Expecting Nifty to fall further as we already fell on Wednesday.
  11. ITC was the star of the show Yesterday.
  12. It closed more than 5% higher Yesterday and Supported our Markets.
  13. After such a Dangerous day Yesterday I need some break so I will Personally not be trading today and will be clearing the past day workings which are there in my mind over the Weekend.
  14. Reliance has been finding high Resistance near 1800 levels.
  15. Did a "Short Straddle" Yesterday for 10,000 Strike price August Series on Nifty.
  16. Not Expecting Markets to move significantly higher or lower for some time now.
  17. So planning to eat some Premiums if Nifty Trades within a Range.
  18. Also have done a Ratio Spread for Reliance Yesterday.
  19. Bought 1800 CE , Sold 1900 & 2000 CE.
  20. Will look to sell 1700 PE in case Reliance crosses 1800.
  21. Reliance Trade is of July series.
  22. If you have Sufficient Capital and the Skills to do Adjustments then only copy my Trades.
  23. Many People don't Understand trades posted in Blog and take up Something else.
  24. Please kindly do not take if you do not Understand the risk behind it.
  25. Not Expecting any Major moves today on the Indices.
  26. Keeping an Eye on ITC Results as they are expected to be quite solid.
  27. 10000 is a big Support for Nifty on the Weekly Expiry and 10500 is a Big Resistance.
  28. Will take Directional bets once any of these levels gets broken.
  29. Until then my View is Non - Directional and will be looking to Non - Directional trdaes only.
  30. Nifty Might Trade between 10200 to 10360.
  31. Do not carry any Weekly Expiry Positions over the Weekend.


Popular posts from this blog

Nifty hits 17k (15th March 2023)

1. U.S Markets closed higher yesterday.  2. Right now , U.S Futures are lower. 3. SGX Nifty is up 80-100 points. 4. Asian markets are mixed. 5. There has been 4 days of relentless selling in our Markets  6. The reason doesn't seem to be Banking collapse in United States. 7. U.S Markets have settled after a knee- jerk reaction. 8. Our Markets haven't settled yet. 9. This isn't a selling like the previous ones. 10. Previously FII's used to target few nifty stocks  11. Used to sell them and create panic. 12. This selling is now an all around selling. 13. Broader Markets have been bleeding extensively. 14. There is pain all around. 15. Now 17300 becomes a very important resistance. 16. Nifty might retest 17300 and then break 17k. 17. Markets won't collapse in a hiff.  18. There would be intermittent rallies in between to take weak shorts out. 19. FII's have now been selling aggressively.  20. Nifty might trade between 17000 to 17300 today. 21. stockmarke

SVB Bank crisis Unfolds (13th March 2023)

1. U.S Markets closed lower on Friday. 2. Right now , U.S Futures are higher. 3. SGX Nifty is up 20-40 points. 4. Asian markets are higher. 5. I wasn't able to understand why were the markets crashing on Thursday & Friday. 6. During the weekend the news broke over. 7. SVB Bank which has been termed as the worst crisis since 2018. 8. This is mainly a start up based Bank. 9. This crisis was to happen looking at the start up valuations and findings received. 10. This was anticipated by big players and hence there was intense selling on Thursday and Friday. 11. Sometimes , one doesn't understand a particular move of markets unless news is out. 12. As retailers are the last players to know anything happening. 13. During the weekend , FED ensured and gave assurance that Depositors funds would be safe. 14. No depositors would lose money. 15. That's the reason U.S Futures are higher by more than a percent each. 16. Looking at Technicals , we are trading at the lower

Nifty hovering near 17k ( 16th March 2023)

1. U.S Markets closed lower yesterday.  2. Right now , U.S Futures are higher. 3. SGX Nifty is Flat. 4. Asian markets are mixed. 5. Yesterday Nifty tried to retest 17300. 6. There was a rejection from this level and Nifty broke 17k. 7. Exactly as we has hinted in the blog yesterday. 8. U.S Markets when I slept yesterday were down 700 points. 9. Today Morning I saw there was a sharp recovery from the lows and they have closed just 270 points lower. 10. This recovery from the lows cannot be termed as bottom yet. 11. Trends don't change so easily and bottoms take time to be made. 12. 16800 is the next major support now. 13. All he'll would break loose once markets break 16800. 14. We might consolidate now for a few trading sessions. 15. Before there's a bigger move in the markets. 16. 17000 is the first support and next major support at 16800. 17. U.S VIX has crossed 25 now. 18. India VIX is close to 17 now. 19. The Volatility which we are having now it seems like