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Pre - Market Analysis (31st July 2020)


  1. U.S Markets closed lower Yesterday.
  2. Asian Markets are Majorly Flat.
  3. Due to Good results by Amazon overnight Nasdaq is up 2% 
  4. This took SGX Nifty higher by 30-40 points overnight.
  5. Yesterday our Markets Witnessed big selling.
  6. Monthly Expiry are very Volatile.
  7. Yesterday it was no less.
  8. August Month will be very Volatile and my expectation is it will belong to the Bears.
  9. Markets have Rallied a lot in July and now they Seem to be heading near the top.
  10. Fall may not happen so early but it is bound to happen.
  11. Reliance came up not so good results.
  12. Street Expectations were very low but results were good Compared to the Expectations.
  13. Time to be cautioned on the upper side.
  14. 11300 seems to be very Difficult to be broken away anytime soon.
  15. 11000 is a strong support .
  16. HDFC ltd also posted bad results Yesterday which aggreviated the selling.
  17. Markets moving Violently within this Range.
  18. Good risk reward lies in taking contra Trades nearer to the Boundaries.
  19. Nifty might trade between 11060-11200 today.
  20. stockmarketadvisory.in

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