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Pre - Market Analysis (15th October 2020)


  1. US markets closed lower Yesterday.
  2. Stimulus has been delayed and there has been no news.
  3. So due to this there was some profit Booking.
  4. Asian markets are mostly Negative.
  5. SGX Nifty is Trading near 12000.
  6. Meanwhile , Infosys has come up with Terrific results.
  7. Wipro results were not that Great so we Witnessed profit booking in IT Stocks Yesterday.
  8. Infosys results look very good.
  9. Will be Noteful to see how the stock will react to the same.
  10. First hour is very critical for our Markets today.
  11. If we spend some time above 12k then possibilities of 80-100 points upward movement open up.
  12. 12000 CE has got the highest open interest in weekly options.
  13. Yesterday Market reversed significantly in last hour.
  14. Nifty and Bank Nifty Rallied by a percent each.
  15. Generally Expiry days we witness some big Moves.
  16. Today's movement will be Noteful to see.
  17. Momentum is so strong towards Upside.
  18. Trade remains to sell Puts once we cross 12k and Sustain.
  19. If we do not Sustain above 12k then ITM Straddles for today's Expiry would work.
  20. Nifty might Trade between 11920-12080.
  21. stockmarketadvisory.in

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