Skip to main content

Pre - Market Analysis (8th April 2021)

  1. US markets ended flat Yesterday.
  2. Asian Markets are slightly positive.
  3. SGX Nifty is Trading close to 14950 now.
  4. U.S Feb minutes indicated that accomodative policy stance will continue.
  5. That has given an assurance to the Markets.
  6. Yesterday we had RBI monetary policy & it was as per Expectation.
  7. There were no change in Rates.
  8. Also RBI had come up with Interesting liquidity measure programs.
  9. Nobody expected this kind of liquidity measures like G Sec acquisition program, etc.
  10. Due to positive commentary by RBI the Bank Nifty made a 1000 point swing from intraday low.
  11. There was a big short covering Yesterday.
  12. Clearly RBI Policy was a trigger for short covering.
  13. I've sold 14700 , 14650 , 14600 PE Yesterday of weekly options.
  14. I am Confident on Global Markets.
  15. U.S Markets trading at all time highs so the breakout is likely to sustain with Positivity.
  16. Indian Markets also have some positive triggeres now.
  17. So selling Put options was the idea yesterday.
  18. Yesterday both FIIs and DIIs were net buyers in Cash market.
  19. 15000 CE has the highest open interest in Call Options.
  20. 14900 CE also had some addition Yesterday.
  21. If these levels taken out then we will witness big short covering.
  22. My Expectations for today expiry is in the first half we may be flat / negative.
  23. 2nd half we might go higher.
  24. 14700 PE on the lower side added big open interest Yesterday so this is likely to be a good support for the Markets today.
  25. Nifty might Trade between 14760-14980 today.


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

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

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