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Pre - Market Analysis (20th Jan 2022)


  1. U.S Markets closed lower Yesterday.
  2. Most importantly , S&P 500 VIX closed 25% higher.
  3. This is a disturbing sign of option writers.
  4. When VIX goes higher put options go higher but CE do not fall proportionally.
  5. It looks like a short term Correction has begun in U.S Market.
  6. Asian markets and Dow futures are slightly higher now.
  7. SGX Nifty is down 50 points near 17900.
  8. Today we have weekly expiry.
  9. Next expiry we have only 4 trading sessions.
  10. Market has reversed from 18350 and now has become a sell on rise Market.
  11. Selling is so severe in first half as soon as we open.
  12. Both FII's & DII's are net sellers since last 2 days.
  13. Looks like retail has to be bear the pain.
  14. Bajaj Finance after declaring fantastic results scaled all time high yesterday.
  15. As soon as ATH were hit selling began.
  16. It fell almost 10% from highs yesterday.
  17. Hoping some stability today due to expiry etc.
  18. Yesterday's low of 17880 should be crutial support today.
  19. 18000 should act as an immediate resistance.
  20. Nifty might Trade between 17850 to 18050 today.
  21. stockmarketadvisory.in

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