Skip to main content

Pre - Market Analysis (9th Dec 2020)


  1. US markets closed Positive Yesterday.
  2. Asian Markets right now are all higher.
  3. SGX Nifty is trading near 13470.
  4. Yesterday Markets tried hard to cross 13500 but failed.
  5. As Suggested Yesterday , NIFTY moved within 13200 to 13500.
  6. This is the broader range for our Markets.
  7. Once if any of the Boundaries get taken out then we might start witnessing a trend.
  8. Until this range holds , Expecting Markets to Consolidate.
  9. From last few days buzz has been in Equity Segment.
  10. PSU Banks have been flying.
  11. Pharma & IT also Contributing to some gains.
  12. FII's still holding net long Positions.
  13. Retail people redeeming money at higher levels through Mutual Funds.
  14. According to me we are in the final leg of the Bull Market.
  15. Some Stocks may rally after this last leg gets done but we won't witness a one way rally across all Segments.
  16. We have moved up too quick too fast.
  17. Bull Market won't stop but the pace will reduce.
  18. I would sell near 13500 with a Stoploss of 30 Points on spot.
  19. If it doesn't work I book my loss and step out.
  20. If it works I would again be a buyer near Yesterday's low & close shorts near that level.
  21. So this is the plan for today.
  22. Nifty might Trade between 13340-13520 today.
  23. stockmarketadvisory.in
  24. Question of the day by MRS.Nidhi
  25. What is hedging? Are we Pure Option Sellers?
  26. Whenever I say the Term Hedging people assume we are option sellers but this is incorrect.
  27. Hedging means for every buy option there should be some sell & for every sell option there should be a buy.
  28. We don't buy nor sell naked options.
  29. We always cover up with some other option by hedging. Trading naked options is extremely risky , Options were primarily bought for the purpose of hedging.
  30. But people took if for Gambling by trading naked options.

Comments

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