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Dalal Street Week Ahead

By
January 24, 2016
6 comments
January 24, 2016
Time: 2.30 pm

Dalal Street Week Ahead:


  1. On Friday Nifty closed at 7422, just 16 points lower than the previous Friday's close of 7438.
  2. But during the 5 trading sessions, Nifty moved up and down by more than 1000 points.
  3. During this high volatile markets, only Option sellers who sold both Put and Call option only make money.
  4. Until Thursday markets all over the world were very bearish.
  5. Thursday afternoon, ECB Chairman Mario Draghi's comment about another stimulus in March revived the sentiment.
  6. Then markets shot up due to short covering.
  7. Then on Friday, Crude oil was up by more than 10% due to short covering.
  8. The single largest factor for the fall in the markets all over the world was the crash in crude prices.
  9. That is changing now.
  10. So markets may have bottomed out world over. at least for the short term.
  11. Nifty may inch towards 7500 next week with high volatility.
  12. On Monday, HDFC Bank will declare results.
  13. On Tuesday, our markets are closed for Republic day.
  14. On Wednesday, HDFC and Power Grid will declare results.
  15. On Thursday, ICICI Bank, Maruti, Bharti Airtel, Vedanta will decre results which may add to the expiry volatility.
  16. On Friday, L&T, NTPC and Yes Bank will declare results.
  17. Positive momentum is likely to continue as Crude stabilises.
  18. Depending on how much short covering takes place, markets will move higher.
  19. I expect Nifty to expire above 7500.
  20. Let us see what happens.



Written By

Options Trader and Trainer

Comments

  1. greatearth24 January 2016 at 22:09

    Sir its a great learning experience about option from your blog & interview.

    I would like know about your advice on buying a home (For Rs.30lakhs) Vs investing same money in stock market.
    What will be positive and negative in these two.

    Just need your brief answer so that all viewers can benefit.

    Thanks in advance.

    ReplyDelete
    Replies
    1. P R Sundar24 January 2016 at 23:09

      Hi,
      It depends on whether you put the entire Rs 30 lakhs in cash upfront or go for home loan.
      Whether it is your first home to get tax benefits.
      It is just difficult to compare simply without knowing the tax benefits, background of the person, his risk taking capabilities, etc.

      Delete
    2. greatearth25 January 2016 at 00:04

      Sir ,my age 30 .my son 3 year young.right now I am working in dubai.my parents have a home. So right now I no need home.I can postpone my new home purchase for another 4 to 5 years.

      Delete
    3. greatearth25 January 2016 at 00:05

      This comment has been removed by the author.

      Delete
    4. P R Sundar25 January 2016 at 07:32

      Hi,
      You may contact me at +91 9381768992 over the phone or over Whatsup, I can give better guidance only after knowing more about you.
      Thanks.
      -P R Sundar

      Delete
  2. greatearth24 January 2016 at 22:11

    Sir its a great learning experience about option from your blog & interview.

    I would like know about your advice on buying a home (For Rs.30lakhs) Vs investing same money in stock market.
    What will be positive and negative in these two.

    Just need your brief answer so that all viewers can benefit.

    Thanks in advance.

    ReplyDelete

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