Skip to main content

Pre - Market Report (6th March 2020)

  1. Dow was up 1000 Points on Wednesday & Down 1000 Points Yesterday.
  2. World markets are down, due to Corona Virus fear.
  3. Markets are struggling to cope with Corona Virus.
  4. What's more worse is that at the wrong time RBI has taken action against YES Bank.
  5. YES Bank Board taken over by RBI, limits withdrawals.
  6. I have been Repeatedly saying in Public to avoid Yes Bank since the levels of 120-130.
  7. This will create panic in SGX Nifty & will pose a Question about our Indian Banking System.
  8. SGX Nifty has hit a low of 10800.
  9. YES Bank issue has been handled just like US handled Lehman Bros.
  10. US Fed cut rates by 50 basis point before markets open last Tuesday.
  11. RBI will have to do something like that, otherwise, panic will be more.
  12. US Govt as well as Fed are Working very hard to drop down the Panic and Fear & grow the Economy. In India, it is doubtful.
  13. BJP 2.0 do not seem to bother about Economy. They are worried about Citizenship , Shaheen Bagh , Cast Based Politics etc. This Government never talks about the Economy and the Growth of Capital Markets.
  14. PSUs are great wealth destroyers in the last decade & will continue to be so.
  15. It will be difficult to short the market at this time as bounce can come any time. Shorting a 150-200 gap down is Quite risky.
  16. From past few days i was thinking that Markets are forming a base , worst is over & we will recover from here.Suddenly this YES Bank issue has come.
  17. Expect both YES Bank and SBI to crash today. Won't be Surprised if Yes Bank opens 50% today.
  18. IndusInd Bank will see the collateral damage.
  19. FIIs keep selling in Cash market.
  20. They also have huge short positions in F&O.
  21. On any bounce, keep shorting the Markets this seems to be Working now.
  22. First 45 minutes, there will be huge volatility. Do not take any Positions , wait for the Markets to settle down & observe.
  23. Those who have Invested in Yes Bank should ask themselves why have they Invested in it? Have they done any Proper Research before Investing? This should be a big lesson for them that investing in Companies without any Research will cost big.
  24. Many are feeling Sad for Rakesh Jhunjhunwala as he lost about 80 Crores in Yes Bank Shares. Which ISN'T even 0.005% of his total Portfolio. So my advice would be to first take care of Ourselves Rather than Worrying about others.
  25. In my 11 Years of Experience i learnt:.     What looks Cheap will be available much cheaper. What might look very Cheaper might go to Zero. This sums up Yes Bank Story.
  26. Do not carry any Positions over the Weekend. One never knows what news might come in Weekend & it will have a Major impact on Monday.


Comments

Post a Comment

Popular posts from this blog

Global Shock !! (6th August 24)

1. U.S Markets closed lower YESTERDAY.  2. All the indices closed lower. 3. Right now , Dow Futures are higher. 4. Asian Markets are all higher. 5. All the Global Markets are Positive right now. 6. Last 3 days , there has been a flash crash in all the Global Markets. 7. There was a Mayhem specially in the Japanese Markets. 8. Japan had hiked the interest rate after 15 long years due to which their currency depreciated and it caused a 20,% fall in Japanese markets. 9. There are warnings of U.S recession post the Jobs data report. 10. Israel - Iran war has been taken escalation.  11. All these news have spooked the Global Markets.  12. U.S VIX jumped 400% in last 4 trading sessions. 13. India VIX jumped 50% Yesterday.  14. Although it doesn't impact us at all  , it's the nature of markets to react on news. 15. Right now , Nikkei the Japanese index has opened positive  16. 24000-23850 is a very strong and final support. 17. I expect yesterday's low...
Post a Comment
Read more

Global Markets Mayhem !! (5th Aug 24)

1. U.S Markets closed lower on Friday. 2. All the indices closed lower. 3. Right now , Dow Futures are lower. 4. Asian Markets are all lower. 5. All the Global Markets are Negative today. 6. From Thursday to Monday Morning , U.S Markets have crashed more than 6%. 7. This is a terrible & an Alarming fall. 8. U.S VIX jumped another more than 20% on Friday. 9. This is the fearful data point. 10. Reason for all this is because of Geopolitical conflicts. 11. Iran - Israel tensions. 12. Japan currency depreciation etc. 13. All this is leading to a flash crash in the Markets. 14. 24500-24400 is a crutial support for nifty. 15. We are likely to open closer to these levels as per Gift Nifty. 16. First hour is the key today. 17. If we do not break the first hour low throughout the day then we might expect a reversal. 18. A further correction may be expected if the first hour low gets taken out. 19. Nifty might trade between 24300 to 24700 today. 20.  stockmarketadvisory.in
Post a Comment
Read more

BJP Falls short of Majority (5th June 2024)

1.U.S Markets closed higher Yesterday  2. U.S Futures are trading higher now. 3. Asian markets are higher. 4. Global cues are positive currently. 5. U.S Markets have made a short term bottom and now have reversed. 6. Gift Nifty is up more than 100 Points. 7. Yesterday was a big surprise to everyone. 8. Contrary to the exit Poll , things have been changed dramatically.  9. Exit Polls indicated a cakewalk win for the BJP. 10. Reality of the Ground level was entirely different. 11. There is BJP Govt forming but with a Coilition Govt. 12. Coilition Govt changes many aspects. 13. Firstly , the Govt cannot take decisions on its own. 14. It has to get approval of other parties as well. 15. This would hamper the growth prospects and future plans. 16. Last 10 years , the Government had come with a simple majority. 17. They worked freely. 18. This is a way good for democracy 19. One Govt dominating is not good for the Country , now everyone has to work for welfare of Country...
Post a Comment
Read more