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Pre - Market Analysis (16th March 2020)


  1. US markets closed slightly positive yesterday.
  2. Right now , U.S futures are also Trading higher.
  3. SGX Nifty is Trading near 15000.
  4. Yesterday in the first half our Markets fell Drastically.
  5. It slowly started to recover in the second half.
  6. The issue right now is the India VIX.
  7. India VIX keeps rising as there is a fall in the Market.
  8. Friday it was up 8%.
  9. Yesterday up 4%.
  10. Option prices are very high currently due to higher VIX.
  11. Volatility is also extreme.
  12. Moves are very fast and violent.
  13. Calls above 15200 have been written aggressively.
  14. Do not expect Market to go much higher from here at least for this expiry.
  15. 14500 PUT also has good amount of open interest.
  16. So not expecting Nifty to go below 14500.
  17. Nifty might Trade between 14860-15080 today.
  18. stockmarketadvisory.in

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