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Pre - Market Analysis (8th Feb 2022)


  1. U.S Markets closed mixed yesterday.
  2. Right now Dow futures are flat.
  3. Asian markets are mixed.
  4. SGX Nifty is flat 
  5. Suggesting a flat opening for the day 
  6. Yesterday was a totally unexpected session.
  7. Market crashed 300 points and banks crashed more than 2%.
  8. Friday was a narrow range day of 17400 to 17500.
  9. As soon as we broke 17400 it was a collapse.
  10. FII's & DII's both were net sellers yesterday.
  11. Combined selling was close to 2600 crores.
  12. This could be possibly due to RBI Policy fear.
  13. Fear of an interest rate hike by the RBI and rise in crude oil might be the Possible reasons of this sell off .
  14. Selling was so severe that Nifty fell almost 400 points Intraday.
  15. 17120 was yesterday's low for Nifty all the way from 17520.
  16. Without any corresponding negative news.
  17. India VIX shot up 8% yesterday.
  18. Market returns have turned negative for the year 2022.
  19. Nifty might Trade between 17120 to 17400 today.
  20. stockmarketadvisory.in

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