- We are in the last week of this year. We had a wonderful year for the stock market. Will give the highlights tomorrow as it will be the last day.
- On Friday, we had a wonderful run in the market.
- The markets are in the hands of the bull as of now. So, don't even think of shorting the market.
- The VIX is very low and this shows that we are in a stable uptrend.
- The budget session may decide the next movement of the market.
- On Friday, the last half an hour proved that the bulls are planning to go big. The market closed at the high point of the day.
- Banks, oil marketting, telecom and the big boy Reliance helped the market to close higher.
MY TRADES
- My trades are low and I may trade mostly in weekly expiry this and next week as I am planning a vacation and I don't want much pressure there.
- I have executed a call ratio spread in the monthly.
- +1 x Nifty11400ce
- -3 x Nifty 11450ce
- -3 x Nifty 11500ce
- I am adding shorts in ITC futures. I am expecting a hike in cigarettes and ITC to collapse. Now I have 4 lots. May add more as we near the budget.
INTERNATIONAL MARKET
- Its new year time and the world market is sober. Nothing happening in the world market. Everything is flat. No point mentioning individuals.
- The European markets are at its all time high.
- Today morning also, the Asian markets are flat. SGX also suggests that we may open flat.
FII AND DII
- The volumes are really low. Even FII and DII are in the new year mood.
- On Friday, FII bought for 81cr and DII bought for 125 cr.
CRUDE AND $
- Crude is trading at $68.27
- $ is at Rs 71.35
Comments
Post a Comment