Skip to main content

Pre - Market Report (4th May 2021)


  1. US markets closed Flat Yesterday.
  2. Asian markets are also Flat.
  3. SGX Nifty is down 20 points.
  4. Markets all over the World are in a Consolidation phase.
  5. Yesterday Nifty opened 200 points lower but closed exactly at same level as of Friday.
  6. This is an option writers delight.
  7. Yesterday's price action suggests that People are ready to buy at lower levels.
  8. Vice Versa people are ready to book profits and sell at higher levels too near 15k etc.
  9. I expect this Consolidation to continue going ahead for few more days.
  10. I have sold 14200 PE & 14950 CE Yesterday.
  11. Both were trading at very good premiums Yesterday.
  12. Premiums are still higher consolidating 3 days left for expiry.
  13. Yesterday India VIX crossed 24.
  14. When VIX is high Premiums are high & so is the Volatility.
  15. That's why even far away options having good premiums now.
  16. We have been trading between 14200 & 15000 and Market has been making big swings within this range.
  17. This Consolidation could go on for a week or so.
  18. FII's have become net sellers whereas DII's continue to support the Market at lower levels.
  19. Covid Cases are gradually reducing and there is a recovery in worst effected states like Maharashtra etc.
  20. Reliance in spite of posting decent results was down Yesterday.
  21. 14800 CE has the highest open interest in weekly expiry which indicates we may find it as a big resistance.
  22. Similarly 14500 PE has the highest open interest in Put options.
  23. Had taken 14800 straddle in the previous expiry and now sitting with almost 200 Points profit per lot in just 4 trading sessions. (23% return Approximately)
  24. 300 Points is nothing for Nifty in this kind of Volatility but expecting Nity to trade within this range for 1-2 days or maybe for this expiry.
  25. Nifty might Trade between 14560 to 14780 today.
  26. stockmarketadvisory.in

Comments

Post a Comment

Popular posts from this blog

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

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