Skip to main content

Pre - Market Analysis (14th July 2020)

  1. US markets hit all time highs Yesterday but then Drama Happened in last hour.
  2. Dow Jones was up 450 Points all day closed at a Flat Terrain .
  3. Big sell off was Witnessed in second half.
  4. Asian Markets are Mindly Negative.
  5. SGX Nifty is Trading near 10750.
  6. I am Expecting a short term Correction now.
  7. A correction of 100-300 Points on Nifty & 1000 Points on Bank Nifty.
  8. Bank Nifty Support is near 22000-21900 and that is likely to be taken out today.
  9. The Reason for a bit Bearishness is that the Market is looking very streched on the upside.
  10. Yesterday only because of Reliance the Markets were settled.
  11. Reliance has more than doubled and cannot keep giving Support always.
  12. A handful of Stocks supporting Nifty is not a good sign.
  13. I have sold call option Yesterday 11000 , 11050 ,11100 CE.
  14. Also sold 10500 & 10450 PE.
  15. Sold 23000 CE for Bank Nifty.
  16. Many people ask me to update prices of my Trades as well.
  17. Updating prices not Possible as I keep Averaging and keep exiting them according to Markets.
  18. Might not hold till Expiry.
  19. Yesterday as well Nifty failed to cross it's 200 DMA of 10900.
  20. So a good Trade now is to sell on rallies.
  21. Remember im not Expecting a crash or so but just a small correction now in the Markets.
  22. We are in a Bull Market and small corrections make the Markets Stronger in long run.
  23. Stoploss for your short Trades should be around 10900 for Nifty.
  24. Try to sell near 10900 to minimise your risk if you get to this level.
  25. Best thing is to write Call Options.
  26. Don't sell Naked always have a Hedge as it also reduces margin.
  27. Buying Put options again might not work because even if Markets are Rangebound puts premium decrease.
  28. By selling calls , even if Markets go down or dont go that level I make money.
  29. By buying Puts you make money only if it goes lower.
  30. Bank Nifty looking very Weak and Nifty is not getting major Support from anywhere.
  31. India VIX was higher Yesterday which again shows that the Markets might start it's Volatility again.
  32. Reliance AGM is also going to be held Tomorrow and it looks poised for a good correction is short term.
  33. FIIs were net Buyers Yesterday but DII's were net sellers.
  34. Nifty might Trade between 10700 to 10860 today.



Popular posts from this blog

Bull Call Spread Options Strategy ( With Practical Example)

I Strongly believe , to be Successful in Stock Markets you Require two things : 1) Edge 2) Hedge Edge means having your own Trading System , following your own consensus & Conviction. Hedge is like an Insurance Policy , it will protect you from losing big and also maximise your earning potential over time without Destruction of your Capital. I will be Sharing one of the Hedging Strategy here. Example : Nifty on Friday (5th June) has closed around 10150. You are Bullish for this Weekly Expiry and what you to do is buy a Call Option of 10200 which is Trading around ₹120. Buying or selling naked Options involves high risk as its equal to betting. If you win you win Big or else you lose Everything. So buying naked Options isnt my Cup of Tea. What will I do in this Scenario? I would buy a 10200 CE (11th June Expiry ) at ₹120 and would sell a 10300 CE (11th June Expiry) at ₹80 to manage my risk. Now there are 3 Situations which can happen : 1) Nifty continues to rise: The 102

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