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Pre - Market Analysis (10th December 2021)


  1. U.S Markets closed lower Yesterday.
  2. Dow futures and Asian markets are mixed now.
  3. SGX Nifty is trading at 17500.
  4. Today U.S inflation data is about to come in U.S and there's why some pressure exists.
  5. Yesterday after many days Market were a little stable.
  6. Before Yesterday Nifty and Bank Nifty have been making 2% moves on daily basis.
  7. Yesterday things seem to have settled a bit.
  8. FII's have sold more than what DII's have bought yesterday.
  9. But due to Expiry related issues etc Market might have been stable.
  10. Last 2 consecutive Friday's markets closed at the lowest point of the day.
  11. This week as well we are sitting on huge gains on both indices.
  12. So people would like to take off some money to go into the weekend.
  13. Also there is uncertainty in Global Markets so that is general.
  14. Evergrande , one of the World's largest real estate developer defaulted in their loan and is on the verge of Bankrupcy.
  15. Need to closely track the Developments here.
  16. 17600 is a hurdle for now and one can be bullish only if this level gets taken out decisively.
  17. Until then it's better to be neutral.
  18. India VIX is now below 17 and that's a sign of stability.
  19. However FII selling in back in strength.
  20. Nifty might Trade between 17300 to 17620 today 
  21. stockmarketadvisory.in

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