Hi this is p Sund welcome to post market report sponsored by delta. exchange uh eagerly waiting to come to Delhi so I will meet you soon in Deli this weekend Workshop so if you're interested please uh subscribe uh only few seats are left 2 weeks later in Mumbai Workshop coming back to theMarkets it is another day of huge volatility and the volatility was so high I don't think that any intraday player would have made money today uh many of my friends have lost huge sum of money I'm just suggesting them why are you trading in India come to Dubai weWill trade in US markets I find trading in US market Market is much much easier us markets are also volatile they are not not volatile like India but though the markets are so volatile correspondingly the premiums are very very high and many of the system which I have developed that's working very veryWell in US market whereas in Indian market it's not working so that is why I have to uh change my entire system so that's why my new workshop content is altogether different from my earlier Workshop but my earlier Workshop attendees if you trade in US markets youWill do very well markets are so volatile was going up down you know yesterday from uh intraday low Bank Nifty shot up 700 point today from intraday High it fell 600 points Bank Nifty can move like 1,000 Point 1,500 point you know up and down uh making you know trading very veryDifficult for everyone uh but that is going to be like this only and FIA once again have sold I think they have sold for about 700 CR uh the domestic institutions have bought for 350 CR so there's hardly any big activity in uh uh institutional front but still markets are too volatile theReason is very simple volume I think for the last two trading session the volumes compared to the previous days the volume is very very low if the volume is very low even a small buying Market can shoot up even a small selling Market can crashYou must have seen from 230 to 330 Nifty went up 100 Point came down 100 point so I think you know the volume is the big issue I think you know people are waiting for some kind of a clue I don't know what clue can come and barelDeclared the results which is not so good markets are waiting for L&T results so only the corporate results are the clue for us the global cues anyway have been good only uh European markets in the afternoon open firmly in green right now the US features also in the morningIt was in red but now slowly it changed to Green as usual broader markets did well it is only the indexs Reliance HDFC Bank icsi bank TCS infosis yes you just Hammer these five stocks Market will fall and I really don't know how much more of these shares these FAS have andAlso they are just manipulating everything in the pre-market Nifty was showing 300 400 Point Gaper but then as soon as the market open it fell usually if some big people want to sell huge quantities at the opening itself they will just put some fake orders uh in thePre-market int Al at a very high price especially the index heavy weights so they create an impression you know so all is well Market is going to Gap up and then they sell immediately so that is how they have played today on a close to close basis the performance is notReally very bad the Nifty is just down only by 60 point but the intraday volatility it was just killing so looking at the open interest we have two more trading sessions for this week and ,000 put as the highest open interest among the put options 19,200 call as the highest open interestAmong call option and in fact that has been the case since last Friday but last Friday I told you how can Market trade so narrow range so one of the range will be broken you know so the option sellers will be uh you know wrong but looks likeAt least monthly maybe different but at least weekly it looks like they are correct I think markets are likely to trade between 19,000 and uh 19,200 India weeks shot up once again so you know I just I posted today uh option sellers are so sad because whatever theTime Decay happened in last two or 3 days that has been taken away by the uh higher volatility index so the premiums are shooting up so when the markets are crashing put PR premiums are shooting up call premiums are not coming down again markets are recovering call premiums areShooting up put premiums are not coming down so ending up both the sides you know premiums increasing so anyway it looks like it will take some more time for our markets to settle down uh you know there are key events in the globally you know uh tomorrow is a FedMeeting Thursday Apple results Friday us jobs data you you know it was surprising you know so we are heading towards deepavali uh another just two weeks only Festival season but still even the auto stocks are not doing well I'm sure most of the people who buy two wheelerFour-wheeler they will buy ahead of the uh Festival season usually ahead of the festival season our markets used to be very good but this October is one of the most difficult month it's a brutal month I can say out of the last 11 years only2 years you know uh Nifty was down in the month of October and incidentally last time it happened in 2018 uh the year before Parliament election so this year it has happened the year before Parliament election right so now there are many conflicting reports are coming so one guy coming andSaying that you know Nifty will shoot up 133% on an average it has given 133% return uh in all the election years uh just 6 months ahead of the election then another guy coming and telling you know if BJP fails to form the government at the center the Nifty will crash25% who knows it may go to 133% up and then may fall but again the first statement we have to take it at face value the second statement we don't have to take it at face face value because that comes with a condition if BJP losesWho knows JP may win as far as I concerned so I'm little bit scared of suggesting my friends to sell put option in the election year election year I do not suggest people selling put options so only call options or call ratios and I also a firm believer in oneThing if BJP wins also Market will go up if Congress wins also Market will go up but the market will fall only in case of uh on Parliament the probability of that is very very low it seems as of now so anyway politics we will talk later soNow the market you know October month has gone very very bad you know but yet I managed to make some good profit in October so maybe I may come out with a video showing my October performance in US markets so that's it for now hope you enjoyed watching this video thank you forWatching A
Hi this is PR Sund welcome to post market report sponsored by delta. exchange uh reminder coming week I'm traveling back to India or a workshop in Delhi so there are few seats available so you can contact our office if you are interested and also I will be coming outWith a scam video how some people try to scam me okay coming back to the markets what a volatile Market it was so volatile nobody expected and gift Nifty indicated the uh on Friday night gift Nifty closed at uh 19,26 but today morning recovered it was trading around19,100 but Market open flat in fact was slightly positive then fell like anything 150 Point fall and then after that from there oneway rally of more than 200 points on the higher side so markets were hugely volatile Reliance has been trading consistently positive since morning but despite all these commotionHappens probably Reliance results were not really very impressive but despite that Reliance went up probably because there was a huge shots in the system and because for the last few quarters as in when Reliance results came uh Reliance came down so probably people have takenQ from there and they would have shot it now they are got into trap today once again FIA have have sold for 1,700 crores they have sold in just last four trading sessions they have sold 15,000 crores I really do not know what they can see I'm always uh suspicious about theseForeign brokerages and foreign Banks and you may remember uh 2 three years before when Bank of America came out with the report gold will touch $3,000 I came out with the report you know it will never touch $3,000 same thing over the weekend I've seen J Marg Chas upgrading India youKnow like on one side these foreign bankers or foreign brokerages keep upgrading in India on the other side F keep on selling so you know that leads to the suspicion you know so these people uh maybe you know they are they they want to give a good exit for theseFAS so that's why the these people give these kind of things assume that I'm a very big guy of course I'm not a big guy but assume that I'm a very big guy I want to sell shares worth 20,000 CR 30,000 CR what is wrong if I pay themPay some people like 50 lakh or one CR to give some positive news in the market so that you know the sentiment will be good and I can sell my shares at a better price so I don't know so these are all not our job is a regulator job okayBut especially when it comes to you know foreign brokerages or foreign bankers statement I always look with some kind of a suspicion so most of the time you know the markets work against their uh statements only right so anyway so let us come back uh why there was such aHuge uh recovery uh the domestic institutions would have stepped in when the market was at panic and the global cues are also good and uh European markets trading firmly in green uh but European markets trading in firmly in green is a little bit surprise uh but even after this recoveryAlso for the month of October uh Europe is down by more than 4 and half% but still uh there is some geopolitical tension uh I think I read somewhere you know some uh Russian airport was stormed by the people you know so the airport had to be shut down so this Middle EastProblem is still continuing so with this you know so recovery so we have to look at this recovery with a suspicion so is it a trend reversal or a dead cut bounce because the markets are extremely oversold so there will always be some kind of a bounce here andThere and US futures are also higher but many times I've seen when there such a big positive news in Europe and Europe trading firmly in green so us features will be higher but as me their Market opens so that may fall so anyway so we still have another half an hour for usMarkets to open so let us see so if uh because us markets also down by 10% NASDAQ is down by 10% first then after that S&P 500 is down by 10% so the markets are extremely oversold there also I think the uh last two times youKnow uh us markets recovered as and when uh relative strength index touched or close below 30 on Friday uh us weeks uh above 21 the highest in the recent few weeks and the RSI closed below 30 which shows that markets are extremely oversold but the problem in markets you know this RSI youKnow Binger band and all these things you know they are just only a guideline sometimes the oversold Market can continue to be oversold and overbought Market can continue to be overbought also so anyway so today's um us price action will be more important uh to see whether it's a turnaround or aDead cut bounce and in our Market you know because of this huge volatility the vix has shot up more than 5% but looking at the open interest the encouraging thing is that 19,000 put added huge open interest both weekly as well as monthly so if that is a case we can hopeThat 19,000 is held on this month however 19,500 call option also added huge open interest but in weekly option that is trading only at 5 rupees you know so sometimes selling this 5 rupees you know it can create a lot of danger 5 rupe can go to 50 rupeesSometimes but monthly options 19,500 as well as 20,000 so they shows that you know broadly we have come back to the same old box Theory now it's 19,000 to 20,000 two boxes together so anyway so things are slightly looking positive and uh uh you may remember I told youEarlier uh this series The FIA started with 82% short but later somebody pointed out to me it was not 82% it was 88% short so FAS were short 88% and only 12% long as and when more than 80% short happen in the past uniformly markets recovered in the next two to 3 weeksSo therefore that is the big hope for Bulls now so let us see where the market will be opening tomorrow hope you enjoyed watching this video thank you for watching