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Pre - Market Analysis (24th Feb 2021)

  1. US markets closed Flat Yesterday.
  2. U.S Markets have closed with a slightly Positive bias.
  3. Asian Markets are also Mixed.
  4. SGX Nifty is Slightly higher.
  5. Dow Jones has recovered more than 350 Points from Intraday low.
  6. At one Point , the selling pressure was really severe.
  7. SGX Nifty is up 80 Points.
  8. Yesterday too , Markets were highly Volatile.
  9. They were all over the Place.
  10. Markets will continue to remain highly Volatile as its Monthly expiry week now.
  11. As of now it doesn't appear a clear Direction for me.
  12. Markets are neither Bullish nor Bearish.
  13. Markets are Consolidating with high Volatility.
  14. Good news is that India VIX has reduced Yesterday.
  15. Usually as per past Experience Wednesdays are highly Volatile.
  16. Today also Markets are likely to remain highly Volatile.
  17. I expect Nifty to expire between 14600 & 15000.
  18. But I may be wrong too as the way Markets are moving , analysing direction is difficult.
  19. I'd look to sell Call Option near 15k for Nifty.
  20. Look to sell Put near 14600.
  21. Until then time to wait and watch.
  22. Nifty might Trade between 14640-14920 today.


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Pre - Market Analysis (14th September 2022)

U.S Markets closed lower Yesterday. Dow Jones & S&P 500 crashed 4% each. Nasdaq crashed 5% Yesterday. SGX Nifty is indicating a 300 point massive gap down today  Asian markets are lower. Reason is the U.S Inflation data which got released yesterday. Inflation data arrived was at 8.3% . This Data was higher than the expected data. Market wasn't expecting Inflation data to be above 8%. But this data shocked the markets. Yesterday Dow futures were higher till Inflation data was announced. They were higher by 200 points. As soon as Inflation data got announced it spooked the markets  U.S VIX rose 15% Yesterday. Right now Dow futures are slightly higher. 17800 is a strong support for Nifty. It this holds we can expect fall to reduce. Fall shouldn't be drastic if Nifty holds 17800. Yesterday many traders had longs as Nifty closed above 18k. All these traders will be chopped off due to this gap down. Nifty might Trade between 17700 to 18000 today. stockmarketadviso