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Pre - Market Analysis (8th June 2022)


  1. U.S Markets closed higher yesterday.
  2. Right now Dow futures are flat.
  3. Asian markets are mixed.
  4. SGX nifty is indicating 80-100 points gap up.
  5. Everyday market has been opening with large gaps.
  6. These are either down or up.
  7. Last 2 days it was a gap down , today it is a gap up.
  8. Today the focus is on RBI.
  9. RBI policy is due at 10 AM today.
  10. RBI Governer has already prepared market this time for a rate hike.
  11. Previously , this wasn't the case.
  12. RBI gave a shocker to the Market by suddenly doing a hike.
  13. This shocker caused the Market to crash.
  14. Expecting a no shocker policy from RBI today.
  15. As they know it's repurcussions could be dangerous.
  16. There would be Intraday volatility going into the policy but I have a gut feeling option sellers would make good money today.
  17. Specially put writers.
  18. U.S VIX crashed 5% yesterday.
  19. Expecting India VIX to go down after the policy as well if policy is as per expectation.
  20. Stoploss for long trades and put writing should be 16350 ie , yesterday's low.
  21. Do not chase the gap up , expecting some selling during the day and that's a good place to go long.
  22. As long as rate hike is below or equal to 50 basis points , Bulls should be happy.
  23. Nifty might Trade between 16340 to 16600 today.
  24. stockmarketadvisory.in

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