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Pre - Market Analysis (13th October 2021)


  1. U.S Markets closed flat Yesterday.
  2. Right now , Asian Markets are higher.
  3. SGX Nifty is at 18050.
  4. Yesterday was quite a surprising day for the Markets.
  5. SGX was indicating a huge gap down of 100+ Points.
  6. But we opened only 30 Points lower.
  7. Then Market fell during the day but closed near 18000 towards the end.
  8. Again a record closing for our Markets.
  9. This Market is looking very strong.
  10. Money has now been shifting from IT Sticks to Banks.
  11. This is what happens in a classical Bull Market.
  12. Sectoral Rotation under which investors book profit in one sector and it's overvalued.
  13. Money moves to other sectors.
  14. Staying with the winners is the way to make big.
  15. Today is Wednesday and Wednesday trades are highly volatile.
  16. 18000 CE still continues to have highest open interest.
  17. If we sustain above 18050 then there is a chance of short covering rally.
  18. 17900 is a good support now.
  19. Infosys is set to declare results today and after TCS results the expectations have been lowered.
  20. If Infosys can provide a surprise then IT pack would be joining the party.
  21. Nifty might Trade between 17860 to 18100 today.
  22. stockmarketadvisory.in

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