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Showing posts from October, 2024

U.S Markets at all time high !! (10th Oct 24)

1. U.S Markets closed higher Yesterday. 2. Right now Dow futures are higher. 3. Asian markets are mostly higher. 4. U.S VIX is now closer to 20. 5. U.S VIX crashed 3% Yesterday.  6. Gift Nifty is indicating a gap up of 150 points. 7. U.S Markets hit fresh all time high yesterday.  8. It was a volatile trading day yesterday.  9. There was consolidation but it was with immense Volatility  10. RBI as expected didn't tweak rates. 11. They have given a good guidance for the coming year. 12. RBI has also indicated of a possible rate cut in December. 13. RBI wouldn't like to hurry for a rate cut. 14. They would prefer to take it slow considering the data points. 15. I expect markets to consolidate for some more time. 16. Markets are forming a base before it eventually moves higher  17. It won't be a one way rally. 18. It would be a steady , volatile move upwards. 19. Avoid Intraday expiry trades as Markets are trapping Intraday traders in October series upto now. 20. N

MPC Meeting on Radar !! (9th Oct 24)

1. U.S Markets closed higher Yesterday. 2. Right now Dow futures are lower. 3. Asian markets are mostly lower. 4. U.S VIX is now closer to 21. 5. U.S VIX crashed 6% Yesterday.  6. Gift Nifty is indicating a flat open. 7. Yesterday the markets closed at highest point of the day. 8. This is a Bullish sign. 9. We had been underperforming the Global Markets by a big margin. 10. Global markets were positive while we were falling drastically. 11. Now that fall will likely be arrested for a while. 12. 24700 is a strong support going forward. 13. The first target now is 25200 14. Once Nifty crosses 25150-25200 then it will be in a continued uptrend. 15. Bank Nifty is even stronger than Nifty. 16. Buy on dips strategy is back. 17. Hang Seng and China markets have been crashing like hell since yesterday.  18. There is no rate cut expectation from MPC but however the forecast and guidance would be the key. 19. Shaktikanta Das commentary on the economy and Inflation would be closely wa

China Trade Over , Crude Oil Slips , BJP Wins (8th Oct 24)

1. Markets opened on a weak note today. 2. This was because between 9 to 10 AM Congress was leading up Haryana State elections. 3. Now , I'm not in favour of any political party I'm in favour of stock market. 4. Market is in favour of BJP as market likes stable government and Policy Continuity. 5. The picture changed post 9.30 and BJP won the state will a full majority  6. So the uncertainty about elections has eased off a bit by BJP winning Haryana. 7. Crude Oil yesterday crossed 80$ / barrel. 8. Now it's at 77$/ barrel. 9. This indicates that War fears are also easing up a bit. 10. Thirdly,  there were many reports of FII's who were selling India and buying China stocks. 11. What I understand is FII are purely momentum traders  12. They had found momentum there for a short span and they might have shifted. 13. Chinese markets are not a long term growth market , it was just a trading bet. 14. Eventually they had to come back to India. 15. So , in just a for

China Markets crash 10% (8th Oct 24)

1. U.S Markets closed lower yesterday  2. Right now Dow futures are flat. 3. Asian markets are mostly lower. 4. U.S VIX is now closer to 22. 5. U.S VIX above 20 is a worrying sign as it indicates heavy Volatility.  6. Gift Nifty is indicating a flat opening. 7. Yesterday markets closed firmly below 25k. 8. There was some extreme Volatility with which all this happened. 9. Bank Nifty yesterday in just a 5 minute candle went up 1300 points. 10. In next 30 minutes it again went down 1500 points. 11. This is the highest form of Volatility and this wasn't seen in last 1 year. 12. There have been many reasons floating around that FII's have been selling India and investing in China. 13. Chinese markets have given a breakout after 15 long years. 14. Valuation is quite low there. 15. So smart money flow is shifting to China. 16. This trade seems to be done now as Hang Seng and Chinese markets have been down by more than 8% each. 17. Crude oil slips below 80$ / barrel which

Volatility at all time high !! (7th Oct 24)

1. U.S Markets closed higher on Friday. 2. Right now Dow futures are flat. 3. Asian markets are mostly higher. 4. U.S VIX is now closer to 18. 5. Gift Nifty is indicating a gap up of 20 points. 6. Friday had been a crazy volatile day for our Markets. 7. It was all over the places. 8. First we fell then recovered then again fell and kept on falling. 9. Nifty even broke 25k on Friday. 10. All this is largely due to the FII selling. 11. I also feel this correction is very healthy for long term. 12. The issue that traders face in such Volatility is stoploss gers triggered. 13. No matter where you place stoploss it will be triggered. 14. If one doesn't place stoploss , they might be thrown out of the market for life.  15. Nifty is in a very strong support zone currently. 16. 24750 to 25000 is a strong support zone. 17. If reversal has to come it has to be from here. 18. Or else we have to brace ourselves for 24k once 24750 is taken out. 19. Nifty might trade between 24800 to

Unbearable Volatility!! (4th Oct 24)

1. Today was again a worst day for the market 2. Markets opened with a gap down recovered 400 points from lows and have been going down all the day. 3. Even 25k got broken today  4. This was a high Volatile day where moves were happening in minutes. 5. In 15 minutes , Nifty crashed 300 points. 6. This was without any news and without any change in situations. 7. This reminds of the year 2022 , where market was highly Volatile for an Year and gave zero returns. 8. 2022 if one looks at the end , there were zero returns. 9. The Volatility in between was huge. 10. Too early to say that we are in that phase but there are definitely some signs of it. 11. FII's sell figure is again shocking. 12. They have sold for 10,000 crores today. 13. In last 1 week they have sold for 50,000 cr. 14. This is about 7 billion dollars. 15. All this is targeted selling on the large cap stocks. 16. Reliance and HDFC bank are on their radar. 17. All supports have been taken down in last 4 days  1

More Pain Ahead ?? (4th Oct 24)

1. U.S Markets closed mixed yesterday.  2. Right now Dow futures are flat. 3. Asian markets are mostly higher. 4. U.S VIX jumped higher and now close to 20. 5. Gift Nifty is indicating a gap down of 80 points. 6. Markets have been opening with gap down since quite some time now. 7. Yesterday we closed exactly near 25250. 8. Nifty all time high is close to 26250 9. This is exactly a 1000 point reversal in Nifty in just a week. 10. This is a very healthy correction indeed and this was more to do with valuations that with Geo political tension  11. Markets need a reason to go down and this was the reason for now. 12. Markets are likely to take support near the current levels. 13. If they don't stabilize here then the next level is 25100-25000. 14. We might see those levels in we don't stabilize here. 15. U.S VIX above 20 is not a good sign. 16. Nifty might trade between 25000 to 25400 today. 17.  stockmarketadvisory.in

1000 Points wiped off in a week (3rd Oct 2024)

1. Today was one of the worst day for the markets. 2. Markets opened with a gap down recovered a bit and have been going down all the day. 3. Expiry related issues have also contributed to this fall. 4. Many option sellers might have sold puts and must have been trapped heavily. 5. This led to a non stop selling today. 6. FII's have sold 15000 cr today. 7. This week FII's have sold more than 30,000cr today. 8. This is the highest sell figure by FII in last 1 year. 9. There are various reasons which have contributed to this fall. 10. Firstly is the Israel - Iran war. 11. Secondly,  the SEBI regulations. 12. Everything led to a steep fall today. 13. Volatility is too much now and is uncontrollable. 14. Markets are moving all over the places. 15. Now the next support is at 25000. 16. I sense markets should stabilize from here as other markets have not fallen this much  17. Valuation concerns,  over leverage have also contributed to this  18. Unless we cross today's

Big gap down opening !! (3rd October 24)

1. U.S Markets closed higher yesterday.  2. Right now Dow futures are flat. 3. Asian markets are mostly lower today. 4. U.S VIX jumped higher and now close to 19. 5. Gift Nifty is indicating a gap down of 250 points. 6. This is a very big gap down considering expiry today. 7. This gap down is majorly due to the 2 reasons. 8. Firstly the new F&O measures bought in by SEBI. 9. Although the impact of these measures will not be big still there is a negative sentiment created. 10. Secondly the tensions in the middle east had been escalated over the last 2 days . 11. Iran - Israel war had intensified which led to oil prices shooting higher. 12. This is negative for our Markets. 13. Now the oil prices have cooled off & war has been ended. 14. The momentum in the markets has also been punctured. 15. Previously after a day fall markets would bounce back sharply. 16. Now markets are taking its own time for the next leg on move. 17. This indicates that people are not in a hurr

New measures on F&O (1st Oct 24)

1. SEBI after the market hours has announced certain measures related to F&O. 2. This include minimum contract size lifted to 15 lakh from the earlier 5-10L 3. One expiry per week from today's daily expiry. 4. 2% increase in option selling margins on expiry days and some other small measures. 5. I think all these measures should be positive for markets in the longer run. 6. This reduces Volatility and also reduces greed among traders 7. Today every day there is a expiry due to which traders are losing heavily on hero - zero trades. 8. Also from today I'll be writing post market Analysis report daily as this was demanded since a long time from the followers. 9. Markets have already factored in the SEBI event as we fell a lot on Monday. 10. Any dip due to this news must be a good buying opportunity on Thursday. 11. Thursday indicates highest open interest at 25800 straddle. 12. This straddle is trading at 150rs 13. So 25650 to 25950 is the range expectation for Th

SEBI news a non event ? (1st October 24)

1. U.S Markets closed higher yesterday.  2. All the indices closed higher. 3. Right now , Dow futures are flat 4. U.S VIX was down 3% yesterday.  5. It was a high volatile trading session yesterday in U.S Markets. 6. At one point of time all the indices were down more than half a percent , but in the final hour there was a big short covering rally. 7. Asian Markets are mostly higher right now. 8. Gift Nifty is indicating a flat opening. 9. Yesterday was a shocking trading session in Indian Markets. 10. There was continued fall as soon as the market opened yesterday. 11. Bank Nifty crashed more than 800 points yesterday.  12. Nifty was down 400 points. 13. This was majorly due to the SEBI fear among the traders. 14. Traders were expecting major changes in F&O rules . 15. Many rumours were also floating around yesterday which were baseless. 16. All thus led to fear & confusion among the market participants.  17. Things should settle today. 18. 25800-25750 is a major s