Skip to main content

Pre - Market Analysis (20th July 2020)

  1. U.S Markets closed higher on Friday.
  2. Dow Futures is Mildly Negative now along with Asian Markets.
  3. SGX Nifty is Trading near 10900.
  4. On Friday our Markets closed 200 Points higher.
  5. Last hour on Friday , Nifty gained 80 Points and Closed above 10900.
  6. 10900 was the 200 DMA and that has been crossed now.
  7. I didn't expect Markets to go up so quick so fast.
  8. Many Option Sellers have been selling 11000,11100 calls and now they are likely to cover their positions and take Markets higher.
  9. Nifty is in a Strong Uptrend. Last week it Corrected a Maximum of 200 Points and never closed Below 10600.
  10. This shows that the strong Momentum is on the higher side.
  11. Previously , Reliance was holding up the Nifty but now IT Stocks have also joined the Party.
  12. On Friday , Oil & Gas Sector also rallied on the back of Divestment news by the Government.
  13. FII's were selling for the last week but on Friday they started buying.
  14. I have observed in the past , once they start to buy they Contineously keep buying.
  15. HDFC Bank came up with the results this Weekend.
  16. Results on the first look seemed Good.
  17. This Week is very important for this Quarter as many Index Heavyweights will come up with their Results
  18. Important Corporate results this week Monday 20th july - ACC
  19. Tuesday 21st July - Axis Bank, HUL, Bajaj finance, Bajaj finserve, HDFC life
  20. Wednesday 22nd July - L&T, Bajaj Auto, JSPL
  21. Thursday 23rd July - Biocon
  22. Friday 24th July - Reliance, ITC ,Asian Paints, Ambuja cements, Zee entertainment.
  23. Both the Indices Nifty & Bank Nifty gave weekly Breakouts on Friday.
  24. All the Factors Indicating that we are likely to have a fairly Bullish Week ahead.
  25. Corporate Results of Companies if come as per Expectations then Markets will rally.
  26. Bank Nifty is the Key index for this Week.
  27. Bank Nifty is significantly Outperforming the Nifty.
  28. If Bank Nifty has a good week and results are good I won't be Surprised to see a 400-500 point rally for Nifty this week itself.
  29. Trade for Intraday is to buy on dips closer to 10870-10830 with proper Stoploss.
  30. Markets are likely to surprise people on the upside.
  31. Nifty might Trade between 10830-11050 today .
  32. HDFC Bank will be in focus today after it's results & According to me it should keep Bank Nifty strong.
  33. Yes I know Corona Virus Cases increasing , Economy growth reducing.
  34. But as I always say Markets look the Future.
  35. Vaccine is on the way , Cases are at Peak and will reduce now.
  36. Ignore those who still give 5000-6000 targets on Nifty.
  37. Let them live in their Dreams and Fairyland.
  38. Focus on what your Screen shows you , Currently it shows Bullish from all sides.


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