Skip to main content

Pre - Market Analysis (Valentine's Day)

  1. U.S Markets crashed yet again on Friday.
  2. Right now Dow futures are flat
  3. Asian markets are lower.
  4. SGX Nifty is near 17100.
  5. Suggesting a big gap down opening for today 
  6. There is a rally of news flow over the weekend.
  7. All of them are negative.
  8. Firstly , Ukraine & Russia war going on.
  9. It seems likely that Russia will invade Ukraine by this week.
  10. This has made Crude oil cross 95$/ barrell.
  11. We are the highest Importers of Crude Oil and this will effect us badly.
  12. Secondly , ABG Shipyard scam news broke over the weekend and there have been lots of questions on the same.
  13. ABG shipyard is not a new thing.
  14. This was in development since last 3 years.
  15. Many major banks have already recovered some dues from it.
  16. This could cause a sentimental impact to Bank Nifty but I do not see any longer term impact of the same.
  17. Thirdly , U.S Inflation and Interest rate hike plus Indian inflation and rate hike.
  18. This will be having a long term effect on Market and upto March end I don't see Market settling.
  19. 18000 I feel should be the top till March End.
  20. Fourth , Sucheta Dalal again targeting Adani group stocks.
  21. This would all be a one day affair as the same happened few months ago and by next day all of it recovered.
  22. Tweeting without any corresponding proofs doesn't bring down any group.
  23. Rather it creates suspicion on the Journalist after a point.
  24. Im Ultra Bearish till March .
  25. This is a sell on rally Market with big pull backs in between.
  26. Only highly skilled traders could make money out of this.
  27. Others are advisable to stay away for a week at least until the dust settles.
  28. Volatility will be heavy plus news flow.
  29. Nifty might Trade between 17000 to 17300 today.
  30. Do not short the Market immediately after gap down.
  31. Wait for 17200-17250 range to be rejected and that's where risk reward favours with stoploss of 17300.
  32. Whole of Inexperienced traders would be going short today at open today as everybody knows negative news.
  33. This is where big players hunt stoploss and take Market lower in 2nd half.
  34. 17000-17050 is immediate support.
  35. If this breaks we are heading towards 16850.


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