Skip to main content

Pre - Market Analysis (1st July 2020)

  1. US markets closed a Percent higher Yesterday.
  2. But Asian markets are Almost Trading Flat.
  3. SGX Nifty is down 20,30 Points and Trading near 10220.
  4. PM Modi's Announcement Yesterday is not to likely have much bigger impact on the Markets.
  5. Infact PM had given a warning regarding Corona Virus and there was no update of lockdown.
  6. This might be taken as Negative by the Markets.
  7. Markets are stuck in a range now.
  8. There is Conjession in the upper region.
  9. But there is not much downside as there is support when it goes lower.
  10. Markets are howering within this range.
  11. Yesterday gave a Strategy in our Telegram Channel and that was Performing very well.
  12. FII's were net Sellers Yesterday but DII's were net Buyers.
  13. One thing which can be said looking at the data is there is not a bigger Upside for our Markets now as FII's have become Net sellers.
  14. But if any Positive News comes over we might Witness short covering as well.
  15. So ,one Shouldn't rule out such Possibility.
  16. Markets have not given any major move this Expiry.
  17. Usually on Wednesdays Markets give a major move and there is high Volatility to trap option sellers / hedgers.
  18. So there might be a Significant move today.
  19. I have sold 10500,10600 CE on Nifty weekly Expiry and bought 10900 CE for Margin benefit.
  20. Capital required for the above trade was ₹15k per lot.
  21. Will look to sell Puts on every major fall for this Expiry.
  22. Remember Im neither an Option Buyer nor an Option Seller.
  23. Im a Hedge Trader , I do both buying and selling in every single trade of mine.
  24. Expected a range of 10,000 to 10500 on Nifty for this Expiry and that seems to be working very well as of now.
  25. This Market is benefitting only the Contra Traders.
  26. That is the Traders who are betting on the other side.
  27. Mentioned the same Yesterday and Market fell from Intraday highs.
  28. Those who are Chasing the Trend and rallies are being trapped.
  29. Nifty might trade between 10140 to 10320 today.


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