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Pre - Market Analysis (21st September 2020)

  1. US markets closed Negative on Friday.
  2. Asian Markets are mostly flat today.
  3. SGX Nifty is down 10 Points.
  4. Fridays are becoming highly Volatile now.
  5. I'm observing this from quite few weeks now.
  6. Bank Nifty collapsed more than 600 Points on Friday in less than 30 Minutes.
  7. I was Relaxing and preparing for the weekend😃 but this fall caught the attention.
  8. After due research there was a news found.
  9. There were some tensions at India Pakistan border due to which there was a fall in Major indices.
  10. Maybe due to this news there was a fall.
  11. But by the end of the day things stabilised a bit on Nifty while Bank Nifty continues to lag.
  12. IT Stocks and Reliance look good and are Supporting Nifty.
  13. Option sellers need to be very careful while reading in Monthly expiry contracts.
  14. Premiums are too low and the Vega (Volatility) effect is quite high.
  15. Better to sell Stock options or trade in next Month options.
  16. Markets make a 200-300 Point move on Monthly Expiries.
  17. Will look to play that move after confirmation.
  18. As of now there is no indication of that sorts.
  19. Presidential Elections in U.S.
  20. Corona Virus Cases topping everyday.
  21. More than 1 Lakh cases on a daily basis.
  22. Section 144 Imposed in Mumbai and Rajasthan.
  23. India has failed Miserably to deal with Corona Virus pandemic.
  24. While most of the countries have reduced the fear to a lot of extent but we are unable to control.
  25. Nifty might Trade between 11420-11580 today.


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Pre - Market Analysis (30th Jan 2022)

1. U.S Markets closed higher on Friday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is up 30-50 Points. 5. There's no point discussing Global markets today. 6. As we are dealing with our own local issues as of now. 7. The talk of the town is Adani Group. 8. Every stock Market participant during last 2 days have not spent as much time with their wife /gf /husband /bf as they have spent on researching Adani stocks. 9. They shouldn't have wasted so much time in research and should've spent their time with loved ones. 10. As Ultimately my Pre Market report would clear all. 11. Now , the Adani stock price has gone below the FPO price. 12. FPO price is in the range of 3100-3200 and stock price is around 2800  13. Who will subscribe to FPO when they can buy shares much cheaper from the Market? 14. Also over the weekend Adani has come up with a 450 page report addressing one by one the allegations made by Hindenberg.  15. I haven't

Pre - Market Analysis (13th October 2022)

U.S Markets closed mixed Yesterday. Dow futures are slightly higher right now  Asian Markets are mixed. Indian Markets are highly volatile between 16750 to 17400. Within this range markets have been making wild swings. Yesterday Nifty did retest 16950 and bounced back sharply from there. Yesterday it was a sharp recovery and Nifty closed at the highest point of the day. Today we have weekly expiry. Generally weekly expirys are volatile. 16950 to 17200 is the range for expiry. In case if we break any of the levels then we might get a larger move during the day  HDFC Bank will be delivering the results this weekend  Banking stocks are expected to deliver good results  Yesterday both the IIP and Inflation data came at negative. Inflation rose to 7.4% and Production also has recuced. So it's a double whammy on both fronts . Next leg of move will be decided by the results of the company's. Until then market is likely to stay sideways. Nifty might Trade between 16950 to 1

Pre - Market Analysis (3rd November 2022)

U.S Markets closed lower Yesterday. Right now Dow futures are higher. SGX Nifty is down 150 points. Asian markets are lower. Yesterday there was a Fed event in U.S Markets. General expectations were an increase of 75 basis points  Exactly the same happened and at 11.30 markets recovered sharply from lows  Then at 12 as Fed governer started speaking , it was a complete Hawkish statement. This induced lot of volatility and also selling pressure. U.S Markets closed at the low point of the day. Dow Jones fell 500 points. Although all this happened, U.S VIX didn't shot up It stayed flat. HDFC Bank ADR was down 2% yesterday. This could bring pressure in Bank Nifty. However I feel yesterday was an over reaction in U.S Markets. Markets should stabilize from today. 18000 is a strong support for the day. Previously as well many times Nifty went above 18k but couldn't sustain. Nifty might Trade between 17900 to 18150 today.