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Pre - Market Analysis (14th December 2021)


  1. U.S Markets closed lower yesterday.
  2. Right now Dow futures and Asian markets are mixed.
  3. SGX Nifty is at 17300.
  4. Ahead of FOMC meeting Market is under pressure.
  5. Markets can handle good news , bad news but cannot handle uncertainty.
  6. Yesterday Nifty fell from high of 17630 to 17350.
  7. This is a big fall Intraday.
  8. FII's are the reason behind the same.
  9. Yesterday FII's have sold for more than 2700 crores.
  10. Nifty closed below it's important support of 17400.
  11. Now next support is at 17200-17250.
  12. 17600 CE has the highest open interest in weekly options.
  13. Markets would continue to remain volatile until clarity emerges.
  14. Yesterday the Broader Market was doing well.
  15. Advance- Decline ratio was favourable and Midcaps were slightly lower 
  16. Only the Index heavyweights were under pressure.
  17. It was a concentrated selling by FII's in index heavyweights.
  18. Nifty might Trade between 17200 to 17500 today.
  19. One can look to buy this gap down with a stoploss of 17200.
  20. stockmarketadvisory.in

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