Trade setup for 14th March



 Russia and Ukraine things are getting worst day by day. Now the war is not just between Russia and Ukraine. The west is getting actively involved now and Russia has attacked the troops deployed by the west.

Zelensky is open for talks and says that ceasefire is a must for talks but Russia does not care.

There is some war in the middle east as well. Some missiles were fires in Iraq. Not sure if this will lead to a world war kind of a situation.

Now many US companies are suspending biz in Russia. Walt Disney, Sony were some of them. Instagram will also be stopped from midnight in Russia.

Earlier RBI had stopped HDFC bank from issuing cards. Now that is done and now HDFC can issue cards. So this is good news for them. Let's see if banknifty will be impacted by that today?

Now Covid cases in China has increased drastically. Is that something we need to worry??

Now all eyes on the FED. Now sure what the action is going to be. 

Oil is falling which is why some of the Asian markets are in the green today.

China is helping Russia and US has warned that even China may face sanctions. China is more self-reliant than Russia. When Russia did not care, I don't think even China will care.

The Russian stock market remains closed. They say that trading will not resume this week as well.

MY TRADES

  1. I have executed the below strategy for the weekly 
    1. +1 X 16500ce
    2. -5 X 17000ce
  2. I have sold a lot of PE of stocks like ITC, tamo, asian paints, RIL, icici. I will take delivery if they fall further.
INTERNATIONAL MARKETS
  1. The US markets closed in the red. Today morning the US futures are in the green.
  2. Europe closed in the green.
  3. Todya the Asian markets are in the red. HKG is down by more than 2%
  4. SGX is down by 70 points.
CRUDE AND $
  1. Crude at $109. Its very volatile. It went up to 130 and now falling drastically. Surprisingly, we have not increased the fuel prices in India.
  2. $ is at Rs 76.68
FII AND DII
  1. Nothing special here. The selling continues. FII sold for 2200cr and DII bought for just 1600+cr
 




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