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Pre - Market Analysis (23rd September 2021)


  1. U.S Markets were higher Yesterday.
  2. Asian Markets and Dow Futures are higher now.
  3. SGX Nifty is Trading near 17650.
  4. Yesterday the Markets were volatile due to Fed tapering statement to be released later during the day.
  5. FII's sold Yesterday.
  6. HDFC Bank and ICICI Bank were the top losers of Yesterday.
  7. Yesterday Fed announced "If Economy remains strong then they would start tapering".
  8. In U.S there is a saying "Never fight the Fed".
  9. Fed for the majority of the times has positive outlook towards stock markets.
  10. Yesterday also the similar thing has happened.
  11. Probably the FII's might have sold Yesterday due to this Uncertainty regarding FED.
  12. They might start buying spree from today.
  13. Yesterday U.S futures were higher when we were trading and it was giving an indication of the momentum to continue.
  14. Evergrande news is over now and markets won't react twice for the same news.
  15. There was a deep fear of 2008 recession being repeated due to Evergrande collapse.
  16. This Fear has been subsided now.
  17. 17600 , 17650 & 17700 all the calls have been written aggressively today.
  18. Expect Markets to consolidate after a strong gap up today.
  19. Nifty might Trade between 17520 to 17700 today.
  20. stockmarketadvisory.in

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