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Pre - Market Analysis (16th April 2021)


  1. US markets closed at record high Yesterday.
  2. Another record high for U.S Markets.
  3. Asian markets are Underperforming.
  4. SGX Nifty is lower by 20-30 Points.
  5. 10 Year Bond Yield is higher by 10 basis Points.
  6. Yesterday was again a very Volatile expiry.
  7. Markets were all over the place with heavy Volatility.
  8. Wipro has come up with good results and it was higher in U.S Markets.
  9. Markets as of now are very confusing and are not giving a proper signal / trend.
  10. With Covid Cases being reported at record high and new lockdowns things seem uncertain for our Markets.
  11. Now isn't the time to be Bearish.
  12. I will become bearish only if Nifty breaks 14200.
  13. Until that happens I'm going to continue to be Bullish with a rangebound view.
  14. FII's have turned net buyers.
  15. Yesterday they have bought plus DII's are also covering shorts.
  16. Coming week we have results of banking companies.
  17. These results will decide the trend going ahead.
  18. Nifty might Trade between 14420 -14640 today.
  19. stockmarketadvisory.in

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