Skip to main content

Pre - Market Analysis (25th March 2021)


  1. US Markets opened Positive Yesterday but Ultimately closed in Red.
  2. Nasdaq is also Trading lower.
  3. Asian Markets are mostly in Red.
  4. March would be the first week where Nifty has expired Negative.
  5. FII's have started to sell.
  6. When FII's press sell Button this is how Market falls.
  7. SGX Nifty at one time was below 14500 but has recovered now.
  8. 14500 is a near term support for Nifty if that breaks then next support comes around 14350.
  9. Same way 14700 CE has added highest open Interest yesterday.
  10. That would act as a resistance today.
  11. Monthly Expirys are more Volatile than weekly Expirys as there is excess participation.
  12. Futures Contract Expiry also happens the same day.
  13. Plus rollover of some Futures Positions too.
  14. This creates added Volatility.
  15. I have sold Many Call Options.
  16. 14750 CE , 14800 CE , 14700 CE on Nifty.
  17. Have sold 34000 , 34100 , 34200 , 34300 , 34400 , 34500 CE on Bank Nifty.
  18. Will look to exit these trades in first half as premiums would come to single digits mostly at open.
  19. Will convert the Positions to next Expiry ie , 1st of April as we have a Holiday next week.
  20. Next week we have only 4 trading sessions.
  21. Today's view is Bearish / Neutral.
  22. Nifty might Trade between 14360-14700 today.
  23. stockmarketadvisory.in

Comments

Post a Comment

Popular posts from this blog

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
Post a Comment
Read more

Pre - Market Analysis (2nd Feb 2022)

1 U.S Markets closed lower Yesterday. 2. Right now , dow futures are lower. 3. Asian markets are mixed. 4. SGX Nifty is down 150 Points. 5. Yesterday was the Fed event in U.S 6. It was expected that they would raise rates by 25 basis points. 7. The same happened yesterday and in spite of that Markets crashed yesterday.  8. Yesterday was a highly Volatile day. 9. Markets were all over the place yesterday.  10. Before the budget , markets were higher. 11. During the budget , markets were flat. 12. After 1 pm markets were at the peak of Volatility.  13. Bank Nifty was down 1000 points by 2.45 pm. 14. In next 30 minutes it recovered all of its losses. 15. The budget was neither good nor bad. 16. The income tax slabs have been revised but also the insurance benefit has gone. 17. All the Insurance companies crashed yesterday.  18. This is a structural change coming out of budget now. 19. Adani stocks crashed yesterday.  20. So clearly there was valuation over hang which is gettin
1 comment
Read more

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
Post a Comment
Read more