Skip to main content

Pre - Market Analysis (21st October 2021)

  1. U.S Markets closed higher Yesterday.
  2. Dow hit a fresh all time high yesterday.
  3. Asian markets are higher 
  4. SGX Nifty is at 18350.
  5. Our Markets have been going through a brutal correction phase.
  6. Yesterday Nifty was less than a percent but I can assure you most of the portfolios have been down by 3-4%.
  7. Midcap index fell 2.5% yesterday.
  8. This is a very healthy correction as the over leveraged and over valued hyped stocks have been coming to fair valuations.
  9. Correction isn't over yet and I expect the weakness to continue for short term.
  10. Global Markets might keep hitting fresh highs but here we might face temporary underperformance.
  11. Last hour reversal is just due to Volatility and that cannot be stated as a recovery.
  12. Only if we get a closing above 18500 can we say the Market is strong.
  13. Bank Nifty is outperforming the Nifty 
  14. Yesterday Nifty closed -0.8% lower but Bank Nifty closed flat.
  15. PSU Banks witnessed significant buying yesterday.
  16. 18000 and 18200 has the highest open interest in monthly options currently.
  17. 18500 and 18600 CE has the highest open interest among calls.
  18. Yesterday India VIX too started inching higher and closed +7% above 18.
  19. Expect some sort of pull back and consideration today along with fall in India VIX.
  20. FII's and DII's have sold more than 6500 crore in 2 trading sessions.
  21. This is the highest in last 3 Months.
  22. Next week would be tricky as it's monthly  expiry and volatility could be supreme.
  23. Nifty might Trade between 18200 to 18450 today.


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

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