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Pre - Market Analysis (24th December 2021)


  1. U.S Markets closed higher Yesterday.
  2. U S markets are closed today due to Holiday week of Christmas.
  3. Right now Asian markets are mixed.
  4. SGX Nifty is at 17150.
  5. Yesterday after many trading sessions for the first time we had a stable Expiry.
  6. Nifty traded flat and within a range.
  7. The most important factor is India VIX.
  8. India VIX has crashed 12% in last 2 trading sessions.
  9. Now India VIX is close to 15.
  10. India VIX close to 15 indicates a stable Market.
  11. With not much big moves in store.
  12. Anyway due to a holiday week we would not be having much volumes today.
  13. Yesterday we had the lowest volumes of last 1 year.
  14. Hence Market was flat.
  15. Premiums are already too low now as we are in the final week of monthly Expiry.
  16. Time decay would also be fast considering 5 trading sessions left 
  17. IT stocks are looking quite strong.
  18. Infy and Tech M have hit fresh all time high yesterday.
  19. The magnitude of FII selling has also come down in last 2 trading sessions.
  20. They have sold for less than 1000 crores in last 2 days each.
  21. Nifty might Trade between 17000 to 17200 today.
  22. stockmarketadvisory.in

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