Skip to main content

Pre - Market Analysis (15th Feb 2023)
1. U.S Markets closed mixed Yesterday.
2. Dow Jones closed lower , S&P 500 closed flat whereas Nasdaq closed higher.
3. Right now , all the U.S Futures are trading lower.
4. Asian markets are lower.
5. SGX Nifty is down 80-100 Points.
6. Yesterday it was a surprising day.
7. Markets opened higher , tested 17800 and started moving higher.
8. It was a smooth ride towards the top and was a trending day.
9. I didn't expect markets to cross 17900 Yesterday. 
10. Markets are a place of surprises and the short covering led to crossover of 17900 as well.
11. There was huge Call writing at 17850 , 17900 , 17950 & 18000 Call Options Yesterday. 
12. All these Call writers got afraid , booked losses and had to run for cover Yesterday. 
13. They had squared up all the Call Options and started to sell Put options.
14. Now , 17900 PE , 17850 PE & 17800 PE particularly have huge open interest addition.
15. With this gap up these put writers will panic.
16. This is what happens in a ranging and choppy market.
17. One day up, next day down 
and Ultimately going absolutely nowhere.
18. FII's have been buyers for 3 consecutive sessions.
19. Yesterday U.S Inflation numbers were announced.
20. Inflation numbers were better than precious month but worse than expected.
21. Indian Inflation numbers were also worse than expected. 
22. Another rate hike is om the table now.
23. SGX Nifty hit a high of 18k and reversed Yesterday. 
24. Nifty might trade between 17800 to 18000 today. 


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