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Pre - Market Analysis (27th August 2021)

  1. U.S Markets closed lower Yesterday.
  2. Right now , U.S Futures are higher.
  3. Asian Markets are higher.
  4. SGX Nifty is Trading near 16670 now.
  5. August Series was a Fantastic one for the Bulls.
  6. Nifty broke out of 16k in the first week and then it was no looking back.
  7. Nifty has rallied 700 Points in August series.
  8. Bank Nifty is the problem.
  9. Bank Nifty is at the same level as it was on August beginning.
  10. Banks are struggling to perform.
  11. SBI always comes up with great results but the Stock never moves.
  12. Infact the Stock is lower than the results price.
  13. IT Stocks have been on fantastic Bull run and there's no signs of stoppage.
  14. Infosys even after facing related to its Income Tax Portal continues to rally.
  15. 16700 is a resistance for Nifty it's just a matter of time before we cross this level.
  16. Expecting the rally to Continue but not at such faster pace.
  17. It's not wise to think about a crash now and take short positions.
  18. Trends take a long time to bend.
  19. Until then it's wise to follow the trend and focus on making money than acting as a genius and shorting the Market.
  20. Nifty might Trade between 16580 to 16720 today.
  21. stockmarketadvisory.in

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