Pre-market at a glance

     

1. Previous day Nifty spot closed at 11647.60
2. Previous day Nifty futures closed at 11682.1
3. Previous day Bank Nifty spot closed at 24523.80
4. Previous day Bank Nifty futures closed at 24622
5.  At 8:00 AM SGX Nifty is 0.64% up
6. At 8:00 AM Dow futures is 0.55% up
7. At 8:00 AM Comex gold is at 1978
8. At 8:00 AM Comex silver is at 28.25
9. All eye on RIL-Future group deal. Deal to add 4.1% to Reliance's market share of organised retail and take it to 17.8%
10. Market will react today to the above mentioned deal. It is positive for banks that have exposure to Future group debt. Lenders led by Axis Bank have a total exposure of  16,000 cr rupees
11. MD & CEO of RBL Bank has sold 18.9 lakh shares for 38.5 cr
12. Watch banking stocks
13. Nifty 11800-900 level is important
14. FIIs are net long whereas DIIs are net short in cash
15. USDINR 72.5-73 should be watched

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 11559.25
2. Previous day Nifty futures closed at 11560.75
3. Previous day Bank Nifty spot closed at 23600.35
4. Previous day Bank Nifty futures closed at 23604.60
5.  At 8:00 AM SGX Nifty is 0.35% up
6. At 8:00 AM Dow futures is 0.75% up
7. At 8:00 AM Comex gold is 0.50% up
8. At 8:00 AM Comex silver is 0.90% up
9. At the Jackson hole virtual conference  Powell announces new Fed approach to inflation that could keep rates lower for longer.
10. Stocks excluded from F&O effective today. They are Century Textile, Ujjivan Financial, Equitas Holdings
11. Some delivery in big boys continues on expiry day, i.e., SBI (500 cr), ICICI Bank (700 cr), HDFC(700 cr)
12. Banking stocks to watch
13. PSU stocks should be watched
14. Keep tracking straddle value
15. USDINR 73.5 should be watched

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 11472.25
2. Previous day Nifty futures closed at 11476.05
3. Previous day Bank Nifty spot closed at 23092.15
4. Previous day Bank Nifty futures closed at 23090.75
5.  At 8:00 AM SGX Nifty is 0.25% up
6. At 8:00 AM Dow futures is 0.15% down
7. At 8:00 AM Comex gold at 1935
8. At 8:00 AM Comex silver is 0.70% up
9. Two wheeler and auto ancillary stocks are in focus today because govt. likely to cut GST for 2 wheeler. Stocks to watch are TVS/Bajaj Auto/Hero Moto/Eicher/Lumax/Munjal Showa/Munjal Auto/Endurance Tech/Pricol
10. Va Tech raises 120 cr via pref. issue. 75 lac shares to 3 investors, Mrs. Rekha Jhunjhunwala is one of them
11. Big buying seen in financials like ICICI Bank, Bajaj Finance, SBI, HDFC Bank
12. Nifty monthly expiry 11500 should be seen minutely
13. SC to start hearing on Bank Moratorium case today, banking stocks should be watched
14. Reliance Industries should be watched
15. USDINR 74 is a strong level as of now

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 11312.20
2. Previous day Nifty futures closed at 11293.50
3. Previous day Bank Nifty spot closed at 21999.45 
4. Previous day Bank Nifty futures closed at 21915
5.  At 8:00 AM SGX Nifty is 0.85% up
6. At 8:00 AM Dow futures is 0.25% up
7. At 8:00 AM Comex gold at 1954
8. At 8:00 AM Comex silver is more than 1% up
9. Fed's bearish view seems to have passed
10. Divis and SBI Life will get included in Nifty
11. Zee and Infratel will get excluded from Nifty
12. Nifty 11400 should be watched
13. AGR hearing was postponed today. Very important. Be cautious
14. Mid-cap & small cap rally continues
15. USDINR 74.50 -75 should be watched

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 11408.40
2. Previous day Nifty futures closed at 11428
3. Previous day Bank Nifty spot closed at 22285.90 
4. Previous day Bank Nifty futures closed at 22313
5.  At 8:00 AM SGX Nifty is -1.20%
6. At 8:00 AM Dow futures is -0.70%
7. At 8:00 AM Comex gold -0.83%
8. At 8:00 AM Comex silver is -0.70%
9. Last night Fed minutes gave a bearish overview which pulled the overall markets lower
10. Dollar index started to bounce back which is not a good sign for emerging markets
11. Commodities, specially metals and precious metals will face a tough time
12. As mentioned earlier that in this month we will see surge in volatility, so it is on its way
13. Nifty seems to be capped as of now
14. Same for Bank Nifty. Moreover, AGR hearing will be at 2:00 pm. Be cautious
15. USDINR major level is 74-74.50

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 11247.10
2. Previous day Nifty futures closed at 11281
3. Previous day Bank Nifty spot closed at 21700.85
4. Previous day Bank Nifty futures closed at 21785
5.  At 8:00 AM SGX Nifty is flat
6. At 8:00 AM Dow futures is flat
7. At 8:00 AM Comex gold started rallying again
8. At 8:00 AM Comex silver is outperforming gold and will outperform going ahead
9. HDFC Bank should be watched, have a negative bias
10. Nifty 11400 and 11100 is the band
11. Bank Nifty should be watched today
12. AGR case at 2:00 pm
13. Watch Vedanta
14. Watch stocks related to caustic soda manufacturing like Gujarat alkali, Gujarat fluro etc
15. USDINR 74-74.50, Lakshman rekha should be remembered

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 11308.40
2. Previous day Nifty futures closed at 11314.75
3. Previous day Bank Nifty spot closed at 22264
4. Previous day Bank Nifty futures closed at 22290.85
5.  At 8:00 AM SGX Nifty is 0.10% up
6. At 8:00 AM Dow futures is flat
7. At 8:00 AM Comex gold still dragging, presently flat
8. At 8:00 AM Comex silver is flat
9. Positive inventory data led to price increase in both Brent and WTI crude
10. Nifty hovering at a crucial juncture, should reverse tomorrow. View negated above 11400
11. Bank Nifty too in a tight range with AGR hearing knocking at the door
12. MSCI review - no additions or deletions for India. Weight reduction for - Bharti (flow $280 mn), ITC (flow $40 mn), Bajaj Auto (flow $19mn) ; Whereas weight increase for - Axis (flow $27mn)
13. Mint says RIL-Aramco deal faces hurdles on valuation
14. Today is weekly expiry, keep tracking 11400/500 CE
15. USDINR holds our mentioned level of 74-74.5

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 11322.5
2. Previous day Nifty futures closed at 11348
3. Previous day Bank Nifty spot closed at 22227.2
4. Previous day Bank Nifty futures closed at 22310
5.  At 8:00 AM SGX Nifty is down by 1%
6. At 8:00 AM Dow futures could not sustain at higher levels, presently 0.23% up
7. At 8:00 AM Comex gold had a major fall overnight since March, 2020, presently at 1900
8. At 8:00 AM Comex silver too had a major fall, presently trading at 24.18
9. Yesterday global market saw a rally after the news of vaccine came from the mouth of Putin
10. Commodities, specially metals dragged
11. Nasdaq fell the most in US. Though Dow and SPX could not sustain at higher levels
12. As mentioned earlier this week is very important, specially Friday
13. Expect volatility to rise
14. Nifty and Bank Nifty are getting rejected from higher levels
15. USDINR still holds our level 74-74.5

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.

~ Happy Janmashtami To Everyone ~

 

Pre-market at a glance

 

1. Previous day Nifty spot closed at 11214.05
2. Previous day Nifty futures closed at 11229.10
3. Previous day Bank Nifty spot closed at 21754
4. Previous day Bank Nifty futures closed at 21795.25
5.  At 8:00 AM SGX Nifty is 0.20% down
6. At 8:00 AM Dow futures is 0.20% up
7. At 8:00 AM Comex gold is 2027.50
8. At 8:00 AM Comex silver is 28.06
9. On Friday Dollar Index bounced back, hence there were pull backs across commodities, specially metals and precious metals
10. Need to see the emerging market performance now
11. Nifty should breach 11100-300 zone for fresh momentum
12. Expecting volatility to rise further this week
13. Bank Nifty needs to cross and close above 22000 to negate weakness
14. Today there will be AGR case at 2:00 pm, very important for banks
15. USDINR should be watched, though still way higher than our marked level

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 11101.65
2. Previous day Nifty futures closed at 11132
3. Previous day Bank Nifty spot closed at 21509.95
4. Previous day Bank Nifty futures closed at 21607.65
5.  At 8:00 AM SGX Nifty is 0.25% down
6. At 8:00 AM Dow futures is flat
7. At 8:00 AM Comex gold is 2044
8. At 8:00 AM Comex silver is 27.06
9. As mentioned in earlier blogs that gold and silver will have a dream run and silver will outperform gold, in the same way it happened. Rally should continue with a bit of pause in between
10. Today there will be RBI bi-monthly policy at 12:00 hrs
11. Volatility will rise
12. Bank Nifty holds the key
13. Nifty 11000 is a major support
14. Watch Nifty monthly 11000 straddle 
15. USDINR is still above our mentioned zone of 74-74.50

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 11101.65
2. Previous day Nifty futures closed at 11132
3. Previous day Bank Nifty spot closed at 21509.95
4. Previous day Bank Nifty futures closed at 21607.65
5.  At 8:00 AM SGX Nifty is 0.25% down
6. At 8:00 AM Dow futures is flat
7. At 8:00 AM Comex gold is 2044
8. At 8:00 AM Comex silver is 27.06
9. As mentioned in earlier blogs that gold and silver will have a dream run and silver will outperform gold, in the same way it happened. Rally should continue with a bit of pause in between
10. Today there will be RBI bi-monthly policy at 12:00 hrs
11. Volatility will rise
12. Bank Nifty holds the key
13. Nifty 11000 is a major support
14. Watch Nifty monthly 11000 straddle 
15. USDINR is still above our mentioned zone of 74-74.50

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 11073.45
2. Previous day Nifty futures closed at 11104.95
3. Previous day Bank Nifty spot closed at 21640.05
4. Previous day Bank Nifty futures closed at 21695
5.  At 8:00 AM SGX Nifty is 0.65% down
6. At 8:00 AM Dow futures is 0.22% down
7. At 8:00 AM Comex gold is 1980
8. At 8:00 AM Comex silver is 24.44
9. Monthly auto sales data came out which is positive, hence auto stocks should be watched
10. Nifty hovering on the verge of 11000; Monthly PE 11000 should be seen
11. Banks overall have a bearish bias
12. As mentioned earlier,  volatility should increase going forward
13. Keep tracking pharma stocks, gold, silver, copper, dollar index
14. This week there will be RBI bi-monthly policy
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.