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Pre - Market Analysis (8th September 2020)


  1. US markets were closed yesterday.
  2. So nothing Major Macro Cues.
  3. Dow futures are Trading in Green now.
  4. Our Markets , in spite of many issues are consolidating.
  5. Consolidation is not a bad thing at this point of time.
  6. Infact it's considered Positive for the Bulls as of now.
  7. Yesterday Idea - Vodafone event was a non event.
  8. There was nothing Major except a name change.
  9. This is nothing to be considered as Strategic alliance.
  10. Bank Nifty is looking very weak.
  11. Any small Pullback in Bank Nifty is also getting sold into very Aggressively.
  12. FII's & DII's have also been selling very Aggressively.
  13. From last week their selling has been accentuated.
  14. The view as of now is Negative - Neutral.
  15. Traders should look to sell into any Pullbacks.
  16. Buying on dips should not work for now.
  17. Markets can remain Irrational for some time now but sooner or later they will come in line with economy.
  18. Nifty might Trade between 11200-11380 today.
  19. stockmarketadvisory.in

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