Skip to main content

Pre - Market Analysis (7th May 2021)

  1. US markets closed at fresh all time high Yesterday.
  2. Dow Futures are now mildly higher.
  3. SGX Nifty is trading around 14850.
  4. Markets have been fairly Rangebound for last Expiry.
  5. India VIX has also fallen.
  6. Options Premiums indicating a fairly ranging Market ahead with a positive bias.
  7. Yesterday U.S announced waiver of Intellectual property rights on Vaccines.
  8. This has come as a positive news and after many days of selling by FII's , Yesterday was their first significant buying day.
  9. Weekly jobless claims came better than expected and lowest post pandemic figure.
  10. This is a very important data reported by the U.S.
  11. Today HDFC twins are set to declare results.
  12. Market expecting good numbers from both these stocks.
  13. These both stocks will decide today's action in indices.
  14. Do not carry Positions over the Weekend without hedge.
  15. This week's expiry is a truncated expiry as we have only 4 working days as Thursday being a holiday.
  16. So options premium are low already.
  17. Fed made a statement saying there is a significant rise in asset classes and they are vulnarable for a sharp correction.
  18. RBI had come up with a similar statement when Nifty at 12k saying there's excess liquidity due to which Markets are higher and fundamentals not that great.
  19. But Market went to 15k.
  20. In Bull Market all the Negative news get ignored and in Bear Market it gets Amplified.
  21. Nifty might Trade between 14680-14940 today.


Anonymous said…
Keep up the good work!! May you reach infinite heights.

Popular posts from this blog

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

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

Pre- Market Analysis (5th May 2022)

U.S Markets closed higher yesterday. Asian markets are higher. SGX nifty is up 150 points. Yesterday was a very tricky and unexpected session. As soon as Market opened there was a continuous selling. Market was falling left , right and center without taking any support. I was wondering why is the Market going against the global cues Then we got the news about RBI Governer press conference. So some informed people already knew about this rate hike. Hence there was a sudden selling in the markets. RBI hiked repo rate by 40 basis points and Cash Reverse ratio by 50 basis points. Repo rate is the rate at which banks borrow money from RBI. When the rate is increased banks borrow money at higher cost and in turn loans also get costlier. This slows down the growth and liquidity in the Market temporarily. Cash reserve ratio is the interest free deposit money which banks have to keep with RBI. RBI uses that money without having to pay any interest on it. Increasing CRR means RBI is