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Pre - Market Analysis (31st Dec 2020)



  1. US Markets closed Higher Yesterday.
  2. Right now , U.S Futures are flat.
  3. SGX Nifty is Trading near near 13960.
  4. Asian markets are Mixed.
  5. Today is the last day for December series.
  6. 2020 has been a very Volatile Year.
  7. First we had big fall and then Fantastic recovery.
  8. 14k is a big Resistance & as of now we are defending this level.
  9. If 14k is crossed and sustained we will witness 14100 is no time.
  10. 13800 is a good support to work for today.
  11. So my Expiry range is 13800-14k.
  12. With a condition of BREAKOUT at 14k.
  13. Reliance has been consolidating is 100 Point range since last Month.
  14. For Markets to make higher highs from here Reliance has to perform.
  15. Union Budget would be a very Important event for Markets now.
  16. Projections , growth , deficit , Inflation etc would be some big numbers.
  17. I've sold 13800 PE & 14100 CE.
  18. Would be sitting in 50% gains today Morning.
  19. Would adjust my Positions accordingly based on Market Movement.
  20. Nifty might Trade between 13880-14040 today.
  21. stockmarketadvisory.in

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