Skip to main content

Pre - Market Report (4th June 2020)

  1. U.S Markets closed a Percent higher Yesterday.
  2. Asian markets are mostly positive and rallying as Economies all over the World are opening up.
  3. Indian Markets have caught up Significantly and now almost at par with World Markets.
  4. Bank Nifty was the Star of this Rally.
  5. It rallied more than 4500 Points in less than 7 trading Sessions.
  6. Markets are ignoring all the news which are being thrown to it right now.
  7. U.S - China Trade issues , Riots in America all are being ignored by the Markets and they are moving Independently.
  8. Major Big event for the Global Markets will be U.S elections.
  9. China will do Everything not to let Trump win & Trump will do Everything do defame China.
  10. Yesterdays last hour was Witnessed by Heavy Profit Booking.
  11. Bank Nifty fell 800 Points in less than an hour.
  12. Nifty fell 130 Points in the same period.
  13. FII's were net Buyers Yesterday and have bought more than 1800 Crores .
  14. DII's were Net Sellers Yesterday and sold about 700 Crores.
  15. 10000 CE has open interest in the weekly Expiry on the lower side.
  16. 10200 CE has the highest open Interest on the upper side.
  17. So today's Expiry Nifty is likely to Expire between 10000 to 10200.
  18. If any one of the levels gets taken out we may Witness a sharp 50-100 Points fall or rise.
  19. Today's Expiry my Strategy would be to sell Call Options as Nifty gets closer to 10200 & sell Put Options as Nifty gets closer to 10000 and keep doing Adjustments Accordingly.
  20. Within this 200 Point Range Nifty is likely to be highly Volatile so i won't put in all of my Capital in one go.
  21. Will always have some Additional Capital with me to average out.
  22. Sold 9850,9800,9750,9700,9650,9600,9550,9550 PE Yesterday.
  23. Sold 10250,10300,10350,10400,10450,10500 CE Yesterday.
  24. All were for Weekly Expiry.
  25. Majority of them will open at Zero Today.
  26. There will be huge Volatility today so one should keep this in mind while Trading.
  27. This is still a buy on dip market and trend has not changed yet.
  28. Intraday the Strategy would be to trade near the Boundaries of 10000 to 10200 and take contra bets.
  29. Better to avoid Bank Nifty today as it will be the most Volatile compared to Nifty.
  30. Nifty might trade between 9950 to 10200.
  31. stockmarketadvisory.in

Comments

Post a Comment

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
Post a Comment
Read more

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
2 comments
Read more

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
Post a Comment
Read more