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Pre - Market Analysis (12th August 2021)


  1. U.S Markets closed higher Yesterday.
  2. Dow futures are flat now.
  3. Asian Markets are mixed.
  4. Yesterday U.S Inflation data came as it was lower than Expected.
  5. Inflation data being lower postpones the chances of increase in Interest rates.
  6. That's why the Global Markets were higher.
  7. SGX Nifty hit an all time high of 16370 Yesterday.
  8. Now it's cooled off and Trading near 16330.
  9. Yesterday the Markets were Volatile during Intraday.
  10. We had a gap up and then we witnessed selling but ultimately closing flat.
  11. Yesterday was also a Consolidation on a close to close basis for Nifty.
  12. Weekly Expirys are generally Rangebound unless there are any fresh news.
  13. Expecting the same today.
  14. Expecting weekly expiry to be ranging with slight positive bias.
  15. From last few days , Midcaps and small caps have been witnessing good amount of profit booking.
  16. There is a Distribution happening and money seems to be shifting to largecap stocks.
  17. I am Bullish on Airtel for long term.
  18. Reason is simple , Idea Vodafone going out of business will have just two players left and make it an Oligopoly market.
  19. These players will then control the Market Dynamics.
  20. Nifty might Trade between 16220 to 16360 today 
  21. stockmarketadvisory.in

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