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Pre - Market Analysis (7th September 2020)
  1. US markets were down 1% on Friday.
  2. Markets were very Volatile in U.S
  3. In spite of good jobs data in was down 3% at one Point.
  4. But in the last hour it has recovered most of the losses.
  5. Asian Markets are mildly Negative.
  6. SGX Nifty is Trading near 11340 now.
  7. U.S Markets are closed today so market should focus on local cues.
  8. As we will get direction from local Factors only.
  9. Markets are looking weak now.
  10. One side of the Economy front everything is turning negative.
  11. But Markets kept rallying.
  12. This was only because of excessive liquidity.
  13. When Markets rise without support of other factors mostly economy , a good correction is expected.
  14. When will that correction happen nobody knows.
  15. We cannot exactly time the Market.
  16. But this is not a market to buy into now.
  17. This is the Market to sell into the Rallies.
  18. All the Rallies/ Pullbacks near Resistance levels should be sold into.
  19. Idea is going to announce an important strategic news today in the Afternoon.
  20. So this stock should be in focus today.
  21. Nifty is now Trading below it's 20 DMA.
  22. Which shows that the short term trend is bearish.
  23. Cases in India have now reached to 80000 per day relating to corona virus Positive.
  24. Media is not showing you negative economy & corona virus updates now.
  25. All they are showing is Unnecessary news which doesn't bother any of us.
  26. Bank Nifty will continue to Underperform compared to Nifty.
  27. Nifty might trade between 11200-11380 today.


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Pre - Market Analysis (14th September 2022)

U.S Markets closed lower Yesterday. Dow Jones & S&P 500 crashed 4% each. Nasdaq crashed 5% Yesterday. SGX Nifty is indicating a 300 point massive gap down today  Asian markets are lower. Reason is the U.S Inflation data which got released yesterday. Inflation data arrived was at 8.3% . This Data was higher than the expected data. Market wasn't expecting Inflation data to be above 8%. But this data shocked the markets. Yesterday Dow futures were higher till Inflation data was announced. They were higher by 200 points. As soon as Inflation data got announced it spooked the markets  U.S VIX rose 15% Yesterday. Right now Dow futures are slightly higher. 17800 is a strong support for Nifty. It this holds we can expect fall to reduce. Fall shouldn't be drastic if Nifty holds 17800. Yesterday many traders had longs as Nifty closed above 18k. All these traders will be chopped off due to this gap down. Nifty might Trade between 17700 to 18000 today. stockmarketadviso