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Pre - Market Analysis (23rd August 2021)

  1. U.S Markets closed higher on Friday.
  2. Asian Markets are all in Green.
  3. Right now U.S Futures are also higher.
  4. SGX Nifty is trading near 16580 now.
  5. Markets all over the World fell Uniformly on Thursday due to Taper Tantrum.
  6. Indian Markets fell due to Taliban border cealing.
  7. Now the Markets have taken into its stride and ready to move on.
  8. Bull Market Corrections are fast & Furious.
  9. Rallies too are equally fast & furious.
  10. That's why trading in Bull Markets can be tricky.
  11. Markets May turnaround suddenly just due to some small negatives.
  12. Last week's expiry generally are highly Volatile.
  13. This is due to low Premiums and high Vega.
  14. Volatility is high in last week's expiry so Gama effect maximises option prices in short span.
  15. India VIX was higher 8% on Friday but I expect it to go lower today.
  16. India VIX going down is a good news for option sellers.
  17. Expect this week's Nifty range between 16300 to 16700.
  18. Bank Nifty looks very weak and rallies are am Opportunity to sell into.
  19. Indian Govt has summoned Infosys CEO Mr. Salil Parekh due to Glitches in Income Tax portal. Income Tax site isn't working from 2.5 Months and all CA's are finding it extremely difficult to work.
  20. Infosys stock might be under pressure today.
  21. Nifty might Trade between 16460 to 16660 today 


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