Trade setup for 15th Feb



 The inflation report which came yesterday in the US was hotter than expected. This means that FED is more likely to hike the rate. The US markets did not like this and it fell and closed in the red.

The income tax dept raided the offices of BBC. They say that BBC evaded tax. This happened when the BBC released a documentary on Modi, which the government took down.

Yesterday there was a wonderful rally in the market. Nifty shot more than 150 points. The vix is falling. Maybe the markets expected the inflation data to be good. Even the US futures were in the green till the report came. The US markets fell when the report was out.

Adani ent came out with numbers yesterday and the numbers are good. I am still carrying my trade which I had taken at the beginning of the month. Now the loss has fallen significantly. I am expecting to close the trade in a minor profit by this month.

Today the Asian markets are in the red as the handover from the US was not good.

Air India under the leadership of the Tatas has made the biggest purchase of planes. It looks like the Aviation sector is going to pick up in the future. I am planning to buy shares of some good companies in Aviation. I am having Spicejet in my portfolio. 

Keep an eye on USDINR. Its inching to 83. 

MY TRADES

  1. My algo was able to catch the trend yesterday and it closed in a profit of more than 8000. But for the month, it is still at a loss of almost 3%. But that's ok when it made a fantastic profit of more than 20% last month.
  2. We have added 23 accounts for the algo trade. We will be adding another 7-8 accounts in the next few days. Reach out to me if you want to subscribe to the algo. 
  3. It looks like 18k may not be taken out this weekly expiry. So I am doing the below trade
    1. +1 X 18000ce
    2. -2 X 18050ce
    3. -2 X 18100ce
  4. I am selling huge quantity of 42000ce in banknifty.
INTERNATIONAL MARKETS
  1. US markets closed in the red after the hot inflation data
  2. Europe closed in the red.
  3. Today the Asian markets are in the red. US future are in the red. SGX is suggesting a 50 point gap down.
FII AND DII
  1. Interestingly, FII Are buying from last 3 days. They bought for 1300+cr and DII bought for 200+cr. 
  2. I would wait for this week to conclude FII view on our markets. If they are buying like this then this monthly expiry can be seen somewhere near 18500.
CRUDE AND $
  1. Crude is falling as US in increasing production. Now it is close to $85
  2. USDINR is close to Rs83

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