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Pre - Market Analysis (28th August 2020)

  1. US markets trading at fresh record highs with each passing day. 
  2. Asian markets are slightly Bullish.
  3. SGX Nifty is Trading near 11620.
  4. This has been a Phenomenal rally by the Markets.
  5. Nobody expected markets to recover so quick , so fast.
  6. August Month has also been a great Month for Bull's.
  7. How long will this rally sustain? Can our Markets touch fresh record highs?
  8. The Answer is Yes , anything is Possible.
  9. The rally is so strong that Bears are being taken to cleaners.
  10. Expecting a Month of Consolidation for September. 
  11. These are all Probabilities , not Certainties.
  12. Markets can do anything out of the box.
  13. August Month belonged to Bank Nifty.
  14. Bank Nifty was underperforming for last 2 Months.
  15. But in August Bank Nifty Single Handedly took Nifty higher.
  16. It is a Buy on dip Market.
  17. Just follow the Trend and make money.
  18. Do not do anything fancy.
  19. Reliance has entered into Consolidation phase.
  20. FiI's have been buying continuously whereas DII's have been selling.
  21. Nifty might trade between 11520-11680 today. 

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