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Pre - Market Analysis (12th January 2020)

  1. U.S Markets closed lower yesterday.
  2. But U.S futures are mildly positive now.
  3. Asian Markets are currently lower.
  4. SGX Nifty is trading near 14480.
  5. IT Stocks were the Outperformed Yesterday.
  6. IT index was up 3% 
  7. Infosys and Wipro up 5% each.
  8. Every dip is a buying Opportunity.
  9. You are almost witnessing a dip everyday on Intraday Basis.
  10. That dip is getting bought into towards the end of the day.
  11. Reliance has spent almost 2 Months is Isolation (Consolidation) now.
  12. It started the Bull Market but now it's gone into Consolidation.
  13. Reliance Consolidation can last longer than expected.
  14. Between 2006 to 2016 Reliance has given Zero returns.
  15. From 2016 to now it's 7-8X excluding Dividend.
  16. This is the nature of Stock Market.
  17. On an Intraday basis wait for dip near Yesterday low
  18. Around 14400 could be a good place to accumulate longs if you get a dip.
  19. Slowly start Building positions and do not go all in at first.
  20. Nifty might Trade between 14380-14560 today.


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