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Pre - Market Analysis (23rd Feb 2021)


  1. US markets closed Flat Yesterday.
  2. Asian Markets are mostly Trading higher now.
  3. SGX Nifty is up 100 Points.
  4. This Gap up is likely to be sold into again.
  5. Technology stocks are seeing huge selling pressure globally.
  6. TCS has fell more than 10% in last few weeks.
  7. Yesterday, Asian markets opened positive and then before our markets open, sold off.
  8. Today, Asian markets opened lower but recovering before our markets open.
  9. This 100 Point gap up is an easy sell trade.
  10. These are good risk reward trades.
  11. Market is highly bearish now.
  12. But also a good short coveting may creep in.
  13. India VIX was up 15% Yesterday.
  14. Put Option Premiums rose Significantly.
  15. One thing is for sure , Volatility will be huge now.
  16. Nifty might Trade between 14620-14880 today.
  17. stockmarketadvisory.in

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