Skip to main content

Pre - Market Analysis (10th July 2020)


  1. U.S Markets closed 1.5% lower Yesterday but now Dow Futures are Trading Positive.
  2. Asian Markets are also Mixed.
  3. SGX Nifty is Trading flat near 10780.
  4. Yesterday was a very Rangebound Market as Expected but Intraday moves were very Volatile.
  5. I was in 60k MTM profit by 1 pm.
  6. 10k MTM loss by 2 pm.
  7. 1 lakh MTM profit by 3.30
  8. Such was the Intraday Volatility Yesterday.
  9. I also said Yesterday in my Blog that Wednesday was just Normal profit booking day.
  10. Reason was Nifty did not break any major support levels and that view worked out Yesterday.
  11. Nifty is Slowly striking the door of 11000 now.
  12. Markets might just Consolidate now for some days but should slowly inch higher.
  13. This Expiry Nifty might trade between 10500 & 11100.
  14. Planning to take an Iron Condor based on this Range.
  15. Those who have taken Training with me know what is Iron Condor and can take this trade.
  16. This will fetch you 4% return in 4 working days if Nifty Trades between 10500 to 11100.
  17. Sell 10400 PE & buy 10300 PE sell 11150 CE & buy 11250 CE.
  18. Mostly on Fridays markets don't give big Moves and trades within a range.
  19. India VIX fell below 25 Yesterday.
  20. Which says that Intraday Volatility will reduce .
  21. Intraday Volatility reducing is a great news for Hedge Traders.
  22. This Remains to be the view of as now.
  23. Nifty Might Trade between 10720-10860.
  24. Do not carry any large Positions over the Weekend.
  25. stockmarketadvisory.in

Comments

Arya said…
Sir how is it a great news as now it will be difficult to make money by hedging because market will not give any big move

Popular posts from this blog

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

Pre - Market Analysis (18th April 2022)

U.S Markets closed lower on Thursday. Asian markets are all lower. Dow futures are lower right now. SGX Nifty is down 250 points. Indicating a huge gap down at the open. Reason is the Global markets underperformance plus not so good corporate results. Infosys has disappointed and missed earnings by street estimates. Infy ADR was down 9% in last 2 trading sessions in U.S Hdfc bank also missed earnings but asset quality has been improved. Today we can expect huge gap down openimg in infy. Hdfc bank has limited downside left because it has already fallen a lot after the merger news. 17150-17200 is a strong support on Nifty and this is where 200 DMA kicks in. If you are a Bull this is a large support area. Markets are oversold and this offers a good opportunity to go long. Nect support comes in at 17k. If global markets keep declining then no support would work. Bank Nifty 200 DMA kicks in at 36800. Bank Nifty looks much stronger than Nifty currently as IT isn't included in

Pre - Market Analysis (11th April 2022)

U.S Markets closed mixed on Friday. Dow Jones closed slightly higher. S&P 500 was flat and Nasdaq is very weak. Right now , Dow futures are lower. SGX Nifty is down 100 points. So we are in for a gap down opening today. Friday was a quite interesting day. As expected , RBI policy was a status quo. Nifty broke Thursday low of 17640 and traded below for quite some time. And then for a short squeeze. All the shorts were trapped and we had a big rally. Most importantly , India VIX was down 7% on Friday. I expect markets to consolidate between 17600 to 18100 for a while. I do not see a reason to be excessively bearish now. Markets went from 17700 to 18100 because of hdfc twins. And then crashed to 17600 because of these both stocks. These both stocks have given up all of their gains and are back to Pre merger levels. There is very limited downside now for these stocks and expecting these stocks to bottom out soon 17500 to 17600 is a strong buy zone on Nifty. Also earnings se