Pre-market at a glance

1. Previous day Nifty spot closed at 11102.15
2. Previous day Nifty futures closed at 11101.35
3. Previous day Bank Nifty spot closed at 21646.85
4. Previous day Bank Nifty futures closed at 22651
5.  At 8:00 AM SGX Nifty is 0.35% up
6. At 8:00 AM Dow futures is 0.40% up
7. At 8:00 AM Comex gold is 1961
8. At 8:00 AM Comex silver is 23.65
9. As you know that yesterday was the monthly expiry day. Markets fell drastically but anyways it closed above 11100 as we mentioned in our last blog
10. Global markets triggered the fall yesterday. European market, Dow, all came southward.
11. There was some panic selling in Banks
12. Dow, Nasdaq recovered due to good results of tech companies
13. Today's closing is very important because Nifty is standing at a crucial zone. Remember this expiry is very important. Increase in volatility is expected
14. USDINR still holds our level
15. Major results for today are SBI, Tata Motors, Sun Pharma, IOC

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.

Pre-market at a glance

1. Previous day Nifty spot closed at 11202.85
2. Previous day Nifty futures closed at 11211.55
3. Previous day Bank Nifty spot closed at 22076.6
4. Previous day Bank Nifty futures closed at 22103.3
5.  At 8:00 AM SGX Nifty is 0.20% up
6. At 8:00 AM Dow futures is flat
7. At 8:00 AM Comex gold is 1958
8. At 8:00 AM Comex silver is 24.35
9. Fed outcome has been in line with market consensus
10. Today is monthly expiry, hence, we have seen some profit booking yesterday from higher levels in counters like Reliance and HDFC Bank yesterday
11. Both FIIs and DIIs were net sellers
12. Dollar Index is dragging downside, keep a look on metal stocks. Tata Steel gave breakout yesterday
13. USDINR still hold 74
14. Major results for today are Reliance & HDFC
15. Nifty to close this expiry above 11100

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.

Pre-market at a glance

1. Previous day Nifty spot closed at 11300.55
2. Previous day Nifty futures closed at 11299.25
3. Previous day Bank Nifty spot closed at 22105.20
4. Previous day Bank Nifty futures closed at 22129.40
5.  At 8:00 AM SGX Nifty is mild positive
6. At 8:00 AM Dow futures is slightly negative
7. At 8:00 AM Comex gold is 1950
8. At 8:00 AM Comex silver is 24.33
9. As discussed earlier Nifty monthly CE 11000 has played a major role in this rally
10. I hope you remember that I mentioned in earlier blogs that if 150-55 level of Nifty monthly CE 11000 is respected then we will be having positive bias. We have seen 11300 
11. Again repeating last day's statement that in the coming series we may see that Nifty will fall more or bank nifty will rise more
12. Qatar Investment Authority in talks to invest about $1.5B in Jio digital fibre. Reliance should be watched
13. Market participants are now looking at the US Fed's two day policy meeting, which ends on Wednesday, Dollar Index should be watched
14. USDINR still holds 74
15. Major results for today are Maruti, Bharti Airtel, TVS Motor, Bharat Forge etc 

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.

Pre-market at a glance

1. Previous day Nifty spot closed at 11131.80
2. Previous day Nifty futures closed at 11114.80
3. Previous day Bank Nifty spot closed at 21848.75
4. Previous day Bank Nifty futures closed at 21845
5.  At 8:00 AM SGX Nifty is 0.55% up
6. At 8:00 AM Dow futures is 0.35% up
7. At 8:00 AM Comex gold is 1967
8. At 8:00 AM Comex silver is 26.14
9. Both silver and gold are rallying a dream run, yes more to go
10. Inflation adjusted gold is still way behind form 2011 high, the year is still left. In real terms we should see more rally
11. Market reacted to   Aditya Puri's news yesterday 
12. IT sector should be watched. Track Tech Mahindra
13. It seems that as we discussed in monthly Nifty CE 11000 has a strong level around 150 zone. Yesterday it came and bounced back exactly from that area
14. From here expecting either Nifty to fall more or Bank Nifty to rise more
15. USDINR still holds 74

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.

Pre-market at a glance

1. Previous day Nifty spot closed at 11194.15
2. Previous day Nifty futures closed at 11170
3. Previous day Bank Nifty spot closed at 22662.05
4. Previous day Bank Nifty futures closed at 22614.95
5.  At 8:00 AM SGX Nifty is 0.35% up
6. At 8:00 AM Dow futures is 0.40% up
7. At 8:00 AM Comex gold is 1921
8. At 8:00 AM Comex silver is 23.52
9. As mentioned in earlier blogs both gold and silver will have part time going forward. Remember silver will outperform gold
10. Infosys founder & promoter Shibulal family sold a total of 85 lakh shares in open market for Rs 777 crores. The stock should be watched
11. Aditya Puri sold shares worth Rs 843 crores in HDFC Bank. The stock should be watched
12. As mentioned in earlier blogs last day Nifty monthly CE 11000 came down and took support at 150-55 zone and reversed. Hence, there is still positive bias till that level is not broken
13. This week there is monthly expiry, hence, Bank Nifty monthly CE 23000 should be watched minutely for better clarity
14. As mentioned earlier Dollar index is on a downward spiral, should be given special attention
15. USDINR still holds 74 

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.

Pre-market at a glance

1. Previous day Nifty spot closed at 11215.45
2. Previous day Nifty futures closed at 11217.35
3. Previous day Bank Nifty spot closed at 23083.90
4. Previous day Bank Nifty futures closed at 23110
5.  At 8:00 AM SGX Nifty is 0.50% down
6. At 8:00 AM Dow futures is flat after overnight sharp fall
7. At 8:00 AM Comex gold is 1885
8. Metals should be watched, specially steel stocks for the next few weeks
9. Bank Nifty monthly CE 23000 should be watched ahead of ICICI numbers tomorrow
10. As mentioned in previous blog about Dollar Index, it has breached important level and is slowly coming downside, which is overall positive for commodities
11. USDINR still holds 74 as mentioned previously
12. Nifty monthly CE 11300 should be watched
13. Euro currency at an inflection point after an under performance of 12 years, it has highest weightage in dollar index
14. China may announce something regarding closure of US consulate
15. Major results for today are Asian Paints, ITC, JSW Steel, Zee Entertainment

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.

Pre-market at a glance

1. Previous day Nifty spot closed at 11132.60
2. Previous day Nifty futures closed at 11126
3. Previous day Bank Nifty spot closed at 22882.60
4. Previous day Bank Nifty futures closed at 22832
5.  At 8:00 AM SGX Nifty is almost flat to mild negative
6. At 8:00 AM Dow futures is 0.15% down
7. At 8:00 AM Comex gold is 1866
8. As mentioned in earlier blogs that both silver and gold will move northward, accordingly as per our prediction both of them are having a party time
9. Remember silver will outperform safe haven
10. As said earlier that volatility will increase, we have seen a surge in the same yesterday. Going forward it will increase further. Hence, time to be cautious
11. US asked China to close Consulate General in Houston in 72 hours. In retaliation to that China considers closure of US consulate in Wuhan. A new cause of tension between the two largest economies of the world
12. Watch Dollar index minutely
13. Both Nifty and Bank Nifty seems to have made short term top, will be more clear after today's move
14. USDINR still holds its major level i.e., 74
15. Major results for today are HDFC Asset Management Company Ltd, Biocon

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.

Pre-market at a glance

1. Previous day Nifty spot closed at 11162.25
2. Previous day Nifty futures closed at 11175
3. Previous day Bank Nifty spot closed at 22782
4. Previous day Bank Nifty futures closed at 22824.95
5.  At 8:00 AM SGX Nifty is almost flat to mild positive
6. At 8:00 AM Dow futures is 0.4% up
7. At 8:00 AM Comex gold is 0.75% up, having a party time
8. Going forward we will see a major up move in Silver
9. As mentioned earlier that Nifty monthly CE 11000 is important, yesterday it made a high of 257.9
10. Dollar Index has broken a major level i.e., 96. Going forward there are expectations that it will further come southward
11. All commodities will rally, special focus should be on Silver. It will outperform Gold
12. USDINR futures should be watched cautiously. 74 is a major level
13. Crude should be watched minutely. It has given a breakout on the upside yesterday
14. Earnings season is on. Some of the importants for today are Larsen & Toubro, Bajaj Auto, Jindal Steel and Power, ICICI Securities etc
15. Watch Axis Bank, HUL & Bajaj Finance

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.

Pre-market at a glance

1. Previous day Nifty spot closed at 11022.20
2. Previous day Nifty futures closed at 11010.25
3. Previous day Bank Nifty spot closed at 22321.85
4. Previous day Bank Nifty futures closed at 22263
5.  At 8:00 AM SGX Nifty is almost 1% up
6. At 8:00 AM Dow futures is flat
7. At 8:00 AM Comex gold hovering around 1818
8. Indian ADRs had a great night yesterday, so banking stocks like ICICI, HDFC BANK, TATA MOTORS, WIPRO, VEDANTA, INFOSYS should be watched
9. Asian paints above 1765 looks good
10. Nifty monthly CE 11000 gave a breakout above 150-55, should be watched. Biasness should be positive till it holds that level.
11. Bank Nifty should give a good move today
12. Commodities are all in green
13. Govt plans privatization of insurance companies. Likely to sell its entire stake in insurance companies. Proposal that govt will retain stake only in LIC and one non-life insurer
14. Major results for today Hindustan Unilever, Bajaj Finance, HDFC Life Insurance, Axis Bank, Bajaj Finserv, SBI Life Insurance, ICICI Prudential Life Insurance
15. Volatility should rise

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.

Pre-market at a glance

1. Previous day Nifty spot closed at 10901.70
2. Previous day Nifty futures closed at 10931
3. Previous day Bank Nifty spot closed at 21966.8
4. Previous day Bank Nifty futures closed at 22080.95
5.  At 8:00 AM SGX Nifty is almost 0.40% down
6. At 8:00 AM Dow futures is 0.45% down
7. At 8:00 AM Comex gold hovering around 1808
8. At 8:00 AM both Brent and WTI crude are down by 0.50% each
9. Reliance made a doji in weekly, should be watched cautiously
10. SC hearing telecom AGR matter today at 2:00 PM. Meanwhile, over the weekend, Vodafone idea paid an additional Rs 1000 cr towards its AGR dues. It has paid a total of Rs 7850 cr so far, which turns to 13.5% of the total dues as per DoT
11. Govt may allow 100% FDI in completed housing projects
12. HDFC Bank strong results, should be watched
13. Nifty gave a closing above 200 DMA, fresh longs should be avoided because risk reward is not favorable now
14. FII turned positive in cash market
15. Something big should happen this week, be prepared

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.