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Pre - Market Analysis (15th Dec 2020)



  1. US markets closed 0.6% negative Yesterday.
  2. Asian Marlets are mindly lower.
  3. U.S futures right now are slightly positive.
  4. SGX Nifty is Trading near 13530 now.
  5. Yesterday I mentioned 13400 to 13600 range for Nifty.
  6. This range worked out well & can continue to go on.
  7. Markets are Rallying too fast too quick are Consolidating.
  8. Consolidation is infact good for the Bulls.
  9. I won't like to go long here and won't like to add fresh money.
  10. Dips would come and that would be opportunity to add.
  11. Bank Nifty also Trading in a narrow range.
  12. Next big event for the markets is the Budget.
  13. After December Month focus would shift on the budget.
  14. FII's continue to buy.
  15. In U.S interest rates are Zero.
  16. Therefore FII's look to invest in Markets and emerging Markets.
  17. To at least generate some return.
  18. Today's view is clear buy on dips closer to 13400.
  19. Bank Nifty near 30500.
  20. Nifty might Trade between 13420-13580 today.
  21. stockmarketadvisory.in

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