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Pre - Market Analysis (12th October 2022)

  1. U.S Markets closed mixed Yesterday.
  2. It was a high volatile session in U.S Markets Yesterday.
  3. Similar was the situation for Indian Markets yesterday.
  4. U.S Markets were up 300 points at one point of time and then they tested swing lows finally closing mixed.
  5. Indian Markets yesterday crashed in last hour and closed below 17k.
  6. India VIX shot up above 20 yesterday.
  7. Put premiums of all monthly options doubled in last hour itself.
  8. Such severe was the fall.
  9. SGX Nifty is now up 30-40 points 
  10. Asian markets are majorly lower 
  11. Today we will be having U.S Inflation numbers 
  12. These could make or break the markets.
  13. Upto some extent I expect markets have factored in the same.
  14. Relief rally can be expected with possibility of a small downside.
  15. All the Bluechip stocks got sold heavily yesterday.
  16. IT Stocks opened higher after TCS results but got sold off during the day.
  17. Bank Nifty outperformed Nifty yesterday.
  18. I used yesterdays fall as an opportunity to sell monthly Puts 16400 and below.
  19. Expect U.S VIX to fall after Inflation numbers as well 
  20. This could erode a large of option premiums.
  21. Nifty might Trade between 16950 to 17200 today.


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