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Pre - Market Analysis (6th December 2021)


  1. U.S Markets closed lower on Friday.
  2. U.S Tech Index Nasdaq closed significantly lower.
  3. This is due to the Jobs number reported were quite low compared to expectations.
  4. On Friday our Indian Markets also witnessed profit booking from highs.
  5. Nifty fell 300 points from 17500.
  6. Markets from November have been quite Volatile.
  7. Nifty is making almost 200-300 points on a daily basis.
  8. Reversals are happening with extreme speed and Volatility.
  9. This is a ranging Market but with a huge Volatility.
  10. This is because both the FII's and DII's are in a tug of war.
  11. DII's buy to support the Market but FII's keep selling.
  12. Friday all the commodities and all the Cryptos fell.
  13. Right now Asian markets and Dow futures are higher.
  14. SGX Nifty is up 50 points.
  15. We might open flat today.
  16. RBI governer conference on Wednesday regarding interest rates is a very important event to focus.
  17. I don't think Market is fearing Omicron.
  18. Many reports have suggested Omicron to be less deadly than Delta variant and also symptoms are mild.
  19. Bigger problem is FII selling now.
  20. Nifty might Trade between 17120 to 17420 today.
  21. stockmarketadvisory.in

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