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.
  23. stockmarketadvisory.in

Comments

Post a Comment

Popular posts from this blog

Bull Call Spread Options Strategy ( With Practical Example)

I Strongly believe , to be Successful in Stock Markets you Require two things : 1) Edge 2) Hedge Edge means having your own Trading System , following your own consensus & Conviction. Hedge is like an Insurance Policy , it will protect you from losing big and also maximise your earning potential over time without Destruction of your Capital. I will be Sharing one of the Hedging Strategy here. Example : Nifty on Friday (5th June) has closed around 10150. You are Bullish for this Weekly Expiry and what you to do is buy a Call Option of 10200 which is Trading around ₹120. Buying or selling naked Options involves high risk as its equal to betting. If you win you win Big or else you lose Everything. So buying naked Options isnt my Cup of Tea. What will I do in this Scenario? I would buy a 10200 CE (11th June Expiry ) at ₹120 and would sell a 10300 CE (11th June Expiry) at ₹80 to manage my risk. Now there are 3 Situations which can happen : 1) Nifty continues to rise: The 102
24 comments
Read more

Pre - Budget Analysis (1st Feb 2022)

U.S Markets closed higher yesterday. Most importantly , S&P 500 VIX crashed 10%. There was huge Volatility in global markets due to Fed event. Markets remain volatile only when they have topped out or have bottomed out. Right now I feel we have bottomed out at 16850. Asian markets are slightly lower now. Dow futures are lower. SGX Nifty is at 17500. Finally , the most awaited day has come. Budget 2022 is going to be presented today. Expectations are of a good and stable budget. Reasons are the Elections coming up and LIC IPO in March. Govt very well knows if LIC IPO has to go through , Market sentiment has to be good. Without good market spending it would be very difficult for IPO to go through. Market had already fallen a lot before the budget. Although we have rallied in last 2 days but still we have some upside left. Though I feel it's not favourable to chase today's gap up. Today's gap up is a good opportunity to book profits those who carried longs. Bud
Post a Comment
Read more

Pre - Market Analysis (17th Feb 2022)

U.S Markets closed flat yesterday. Right now Dow futures are slightly lower. Asian markets are slightly higher. SGX Nifty is near 17380. Suggesting a flat start for the day. Yesterday was a heavy Volatile session. Markets have moved all over the place yesterday. At one point of time Nifty rallied and at one point of time we were ready to cross 17500. Then news of Russia came that Russia has not fully taken back their military troops. This led to a drastic fall in the last 2 hours. Nifty crashed all the way to 17300. India VIX came to positive. U.S Markets at one point of time were down quite significantly yesterday. But later during the day they have recovered most of their losses. Most importantly , U.S VIX fell 5% yesterday. Here as well we can hope markets to stabilize and VIX to collapse. Premiums are quite attractive considering only 6.days left for expiry  1000 points away put options are also trading at 20-25 rs premium. These put option buyers you know are crazy peo
2 comments
Read more