Skip to main content

Pre - Market Analysis (4th October 2022)


  1. U.S Markets closed higher Yesterday.
  2. Right now , Dow Futures are higher 
  3. SGX Nifty is up 200-250 points 
  4. This is a serious gap up opening today.
  5. Yesterday markets closed at lowest point of the day.
  6. Lowest point of the day as per Technical Analysis indicates bearishness.
  7. Many People have sold huge call Options Yesterday.
  8. These people will face huge trouble today.
  9. Tomorrow is a trading holiday so we have only 2 working days for this expiry.
  10. Yesterday, in the first half I had sold call Options and squared up towards the end.
  11. During the end of the day I felt that Premiums are unreasonable.
  12. India VIX was up 7% Yesterday without any reason.
  13. 17500 PE which is 400 points away was trading at 25rs.
  14. There wasn't any news flow and with 2 days left for expiry it was a mouth watering premium.
  15. So today at gap up itself the account handling clients including me will make good return.
  16. One of the days where gut feeling works straight away.
  17. If there wouldve been a gap down we would come out with minimum damage doing adjustments.
  18. Will share the Snapshot of trades on whatsapp status.
  19. After this huge gap up buying is not advisable.
  20. 17200 is the upper band for Nifty.
  21. It may find resistance near these zones.
  22. I would go long only if 17200 breaks decisively.
  23. Will exit all positions on opening itself and wait for fresh opportunity during the day.
  24. Most likely would do nothing after exiting positions as tomorrow is holiday.
  25. So carrying positions might be highly risky in such environment.
  26. Nifty might Trade between 16950 to 17250 today.
  27. 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