Skip to main content

Pre - Market Analysis (17th May 2021)

  1. U.S Markets closed a percent higher on Friday.
  2. SGX Nifty crossed 14850 on Friday.
  3. Right now U.S Futures and Asian Market's are marginally weaker.
  4. SGX Nifty is trading around 14770 now.
  5. Markets have been in a rangebound zone and have been Consolidating from quite some time now.
  6. Last week the U.S inflation data triggered a fear in our Markets.
  7. Due to the same Volatility has increased.
  8. Friday was a fairly Volatile day.
  9. Nifty traded within 100 Point range but there were big swings throughout the day.
  10. Bank Nifty fell a percent on Friday.
  11. Bank Nifty looks weaker than the Nifty.
  12. We have SBI results coming this week and if this is positive then it may trigger Bank Nifty higher.
  13. As of now 14800 and above seems to be a strong resistance as calls have been written aggressively from 14800 and above.
  14. More call writing is going on than puts.
  15. Remember, option writers can also be wrong and small rally might propell the markets higher.
  16. 14350 to 15000 is the range I expect the Market to trade these coming 4 days.
  17. So as when you get sharp dips or sharp rallies one can sell 14350 PE or 15000 CE etc.
  18. I've sold 14700 Straddle at 450₹ on Friday.
  19. First 2 weeks on May markets went nowhere.
  20. Usually when this happens Markets tend to make a big move while getting near to the last week of expiry.
  21. Both DII's & FII's were net sellers last week.
  22. Nifty might Trade between 14580 to 14820 today.


Popular posts from this blog

BJP Falls short of Majority (5th June 2024)

1.U.S Markets closed higher Yesterday  2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically.  9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country. 20. Com

U.S Markets firing 🔥 (8th Feb 2024)

1. U.S Markets closed higher Yesterday. 2. U.S Markets are trading at their all time high on daily basis. 3. S&P 500 is now at 5k. 4. This has been a stellar show across the globe. 5. We have an Election Year in the U.S as well. 6. As you might not be aware more than 45% U.S citizens invest in stock market. 7. So for the Government to have a good impression and to gain vote Bank stock market have to be kept higher. 8. Government and FED will do what all they can to keep pro markets  9. Bank Nifty showed signs of comeback yesterday but the rally failed again. 10. Largecap stocks continue to underperform whereas Mid & Small caps continue to soar new highs. 11. Once a trend develops in the markets it can go on for a long time than expected. 12. Interestingly , I was doing some number crunching yesterday and found that small & mid cap companies have given better than expected results than large caps. 13. Most of the large caps have disappointed. 14. Star of the pack

Consolidation (2nd August 2023)

1. U.S Markets closed mixed Yesterday.  2. Dow Jones closed mildly in Green. 3. Rest of the indices closed lower. 4. Right now , Dow Futures is lower. 5. Gift Nifty is down 40-50 Points. 6. Asian markets are mostly lower as well. 7. It's a sort of Consolidation going on in the markets. 8. Markets are trading flat in between 19600 to 19800. 9. Within this range , Nifty is swinging like a pendulum. 10. Bank Nifty range is 45300 to 45800. 11. Both the Indices are moving at tandem. 12. Yesterday's expiry was quite flat. 13. FIN Nifty traded flat for whole of the expiry. 14. All option buyers in FIN Nifty lost huge. 15. Markets are likely to consolidate for few more sessions. 16. 19600 is the buying zone. 17. 19800 is the selling zone. 18. Unless we don't get any signs of range breakout we won't have to take one side view  19. Nifty might trade between 19600 to 19800 today. 20. Post this fed rate hike markets have become dizzy. 21.