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Pre - Market Analysis (28th October 2020)


  1. US markets closed mixed Yesterday.
  2. But due to 2nd wave of Corona Virus spreading faster than expected.
  3. Markets are under pressure.
  4. Global Markets seem to have started into the phase of Correction.
  5. Asia is stronger compared to Global Markets as 2nd wave hasn't been hit.
  6. Until when will this last , only time will say.
  7. Markets are still trading in this tight range of 300 Points.
  8. 2 days left for monthly expiry.
  9. Will we get a breakout or breakdown?
  10. Or we will just Consolidate.
  11. Chances of Consolidation are quite high.
  12. Now a sector which could rise in the generic medicine sector.
  13. All the Companies who do Testing , provide energy drinks etc might be the next theme to catch.
  14. Pharma ,IT have already performed well and chasing these stocks wouldn't lead to anything great.
  15. One has to identify new themes to make big money.
  16. FII's have been buying whereas DII's have been selling.
  17. October series is nearing its end.
  18. Next 2 days will be crutial for the Markets.
  19. Markets could be highly Volatile in next 2 days.
  20. India VIX continues to rise.
  21. Nifty might Trade between 11780-12000.
  22. stockmarketadvisory.in

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