Post Market Analysis

Thursday, 8.27am(SGT)

1.Yesterday Banknifty saw nearly 1100 points gap up, which is 5% however it ended 4.09% up due to unsupportive global factors.

2.Dowjones ended 516 points(2.17%) down, as Fed Chairman Powell raised concerns about economic recovery. BTC/USD too is down more than 2%.
https://www.investing.com/news/stock-market-news/stocks--sea-of-red-hits-wall-street-as-powell-warns-on-economic-future-2171377

3.19400 & 19800 Strike Price Premium

4. The candle stick pattern is

5. FM spoke at 6pm yesterday about details of 20 Lac Crore stimulus package but it will not have much impact.
6. I closed my trade with 2400 rps loss. 20300CE went from 53 to 260 at market opening. After first 15mts came down till 135. I managed to close around 179.
Used one adjustment trade but didnot get all the loses.
7.View: Gap down of 200 points and than move up.

Comments

Market Influencer

Wed, 8.23am(SGT) 1. Yesterday Bank Nifty ended 86 points down. Initially it went up and it came down after European market opened negative. It was a Kotak Bank led rally yesterday. Downtrend momentum continues. 2. DowJones ended 390 points(1.59% down), so we can expect a gap down. 3. The 19000 SP Premium for CE & PE and ATM SP premium Thursday- 615 & 549, Friday- 428 & 634 Monday 91 & 1482 Tuesday 17 & 1566. VIX is over 70 showed uncertainity. 4. Today's View: Gap down and Consolidation pattern. 5. I have closed my trade in Positive. Today i have sold 18700 CE at 36 which is 1300 points away.

Market Influencer and May Expiry data

1. Yesterday BN went nearly 1200 points up. https://economictimes.indiatimes.com/markets/stocks/news/what-triggered-the-15-rally-in-bank-stocks-today/articleshow/76038357.cms 2. Dow Jones ended 553 points (2.23%) up. So we can see a Gap up of atleast 100 points. 3. The Option premium 4. FII- 4500 cr DII- 1800 Cr both are net buyers https://economictimes.indiatimes.com/markets/stocks/news/what-triggered-the-15-rally-in-bank-stocks-today/articleshow/76038357.cms FII buying into Kotak, Icici & Axis bank, bcz they find price is attractive. 5. Today's View- Gap up and Continue to be up. 6. At end of Expiry day

Banknifty Analysis of Market Data's for 20,21,22 nd May 2020 (Wed, Thu & Friday)

Mon,9.04 am (SGT) 1. The index data's are 20th May 2020 (Wed) 21st May 2020 (Thu) 22nd May 2020 (Wed) 2. The Premium data's are 20th May (Wed) 21st May (Thu) 3. May month series data on 21st(Thu) 4. May month series data on 22nd (Fri) 5. Today's View: Not much positive or negative news for Sat, Sun & Mon(Ramdan). Market can up or down 300 points.

Bank Nifty Analytics

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