Skip to main content

Pre - Market Analysis (26th May 2021)

  1. U.S Markets closed slightly lower Yesterday.
  2. Asian Markets are all mostly higher.
  3. SGX Nifty is almost flat near 15250.
  4. Bank Nifty had underperformed yesterday.
  5. HDFC bank in particular dragged Bank Nifty.
  6. Reliance is also trading lower.
  7. The frontline heavyweight stocks are in a Consolidation phase.
  8. I expect this to continue today as well.
  9. Yesterday high Open Interest has been added at 15300 CE.
  10. Bank Nifty also added huge open interest at 35000 CE.
  11. These levels will act as a huge resistance for the next 2 days.
  12. But however this is Monthly expiry week & due to Expiry related issues things might change.
  13. FII's were net buyers whereas DII's sold Yesterday.
  14. India VIX at one point of time was higher 10% but closed below 19.
  15. Option Premiums are too low that indicates not a big move ahead.
  16. Even June Expiry options are trading at such steep discounts.
  17. Markets are slowly inching higher and it's a matter of time before we hit fresh all time highs.
  18. However for today and tomorrow I'm slightly bearish.
  19. Wednesdays are generally highly Volatile considering the expiry day the next day.
  20. Use every dip to buy for long term point of view.
  21. Nifty might Trade between 15120-15320 today.


Popular posts from this blog

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

SVB Bank crisis Unfolds (13th March 2023)

1. U.S Markets closed lower on Friday. 2. Right now , U.S Futures are higher. 3. SGX Nifty is up 20-40 points. 4. Asian markets are higher. 5. I wasn't able to understand why were the markets crashing on Thursday & Friday. 6. During the weekend the news broke over. 7. SVB Bank which has been termed as the worst crisis since 2018. 8. This is mainly a start up based Bank. 9. This crisis was to happen looking at the start up valuations and findings received. 10. This was anticipated by big players and hence there was intense selling on Thursday and Friday. 11. Sometimes , one doesn't understand a particular move of markets unless news is out. 12. As retailers are the last players to know anything happening. 13. During the weekend , FED ensured and gave assurance that Depositors funds would be safe. 14. No depositors would lose money. 15. That's the reason U.S Futures are higher by more than a percent each. 16. Looking at Technicals , we are trading at the lower

Nifty hovering near 17k ( 16th March 2023)

1. U.S Markets closed lower yesterday.  2. Right now , U.S Futures are higher. 3. SGX Nifty is Flat. 4. Asian markets are mixed. 5. Yesterday Nifty tried to retest 17300. 6. There was a rejection from this level and Nifty broke 17k. 7. Exactly as we has hinted in the blog yesterday. 8. U.S Markets when I slept yesterday were down 700 points. 9. Today Morning I saw there was a sharp recovery from the lows and they have closed just 270 points lower. 10. This recovery from the lows cannot be termed as bottom yet. 11. Trends don't change so easily and bottoms take time to be made. 12. 16800 is the next major support now. 13. All he'll would break loose once markets break 16800. 14. We might consolidate now for a few trading sessions. 15. Before there's a bigger move in the markets. 16. 17000 is the first support and next major support at 16800. 17. U.S VIX has crossed 25 now. 18. India VIX is close to 17 now. 19. The Volatility which we are having now it seems like