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Pre - Market Analysis (3rd August 2021)


  1. U.S Markets closed flat yesterday.
  2. Asian Markets are mostly flat.
  3. SGX Nifty is howering around 15900.
  4. Right now Dow futures are also flat.
  5. There were some positive news over the weekend.
  6. The GST Collection for July came at 1.16 lakh crore.
  7. This is the top 3 highest GST Collections till date.
  8. Auto Companies reported good sales numbers.
  9. Due to these positive news we are indicating towards a 100 points gap up.
  10. 15900 was a resistance yesterday.
  11. Nifty tried to break 15900 throughout the day.
  12. But failed to break it decisively.
  13. Today it would be another attempt to cross 15900.
  14. Let's see what happens during the day.
  15. I've sold 16000 CE yesterday. (weekly expiry)
  16. Yesterday for the first time , Nifty futures closed above 15900.
  17. FII's keep selling rigorously.
  18. DII's and retail people are supporting this Market.
  19. Yesterday we witnessed some selling after 2.30 but was recovered during the day.
  20. Nifty might Trade between 15780 to 15940 today.
  21. stockmarketadvisory.in

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