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Pre - Market Analysis (21st September 2021)


  1. U.S Markets at one point of time were down 850 Points.
  2. But has recovered 300 Points in last 30 minutes.
  3. Right now , Dow Futures are higher.
  4. SGX Nifty is Trading near 17450.
  5. Hong Kong Markets are at 52 week low.
  6. Dow is down 2000 Points from all time high.
  7. Yesterday it was a highly Volatile session.
  8. Nifty opened lower , recovered during the day and then came severe selling.
  9. Nifty closed towards the lowest point of the day.
  10. Last 30 minutes it was a panic selling in the Markets.
  11. What was more difficult was rising VIX.
  12. Yesterday everything was down except the VIX.
  13. VIX was firmly in Green throughout the day.
  14. This rising VIX created lots of problems for option sellers and Yesterday was a difficult day to handle.
  15. 17500 strike price has the highest open interest.
  16. Lots of straddles have been added here.
  17. 17500 Combined premium is about 230₹.
  18. Option writers expecting 17270 to 17730 range for the Nifty for this expiry.
  19. 17250 is a strong support for our Markets now and 17500 should act as a resistance.
  20. Expecting VIX to come down slightly today.
  21. Nifty might Trade between 17250 to 17500 today 
  22. stockmarketadvisory.in

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