Skip to main content

Pre - Market Analysis (23rd December 2022)

  1. U.S Markets closed lower yesterday. 
  2. Asian markets are mostly lower.
  3. Dow futures are slightly higher right now.
  4. SGX Nifty is down 100-120 Points.
  5. Market texture has turned to Highly bearish now.
  6. Any gap up or short covering rally has been sold into aggressively.
  7. India VIX a week ago was at 13 & yesterday it went above 16.
  8. This indicates that the Volatility has also been rising.
  9. As the Volatility rises , so does the option premiums.
  10. Last expiry week is generally highly Volatile & the Gamma effect is also at its peak.
  11. This is due to many factors such as roll overs , expiration of all the contracts etc.
  12. Yesterday after market hours when I checked the data came another shock.
  13. FII's & DII's both were net buyers yesterday. 
  14. They have bought yesterday for combined 2000 crore plus.
  15. In spite of positive buy data markets closed lower yesterday. 
  16. 18000 PE has the highest open interest in monthly options.
  17. Today , 18000 is likely to be tested.
  18. If we break 18000 then we would be heading towards 17800.
  19. 18000 is the final hope for longs if anybody is still long on the markets.
  20. Below 18k , markets would continue to slide further.
  21. It's advisable not to carry positions over the weekend.
  22. Nifty might trade between 17900 to 18200 today.
  23. stockmarketadvisory.in

Comments

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