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Pre - Market Analysis (20th July 2022)


  1. U.S Markets closed higher Yesterday.
  2. Asian markets are higher right now.
  3. Dow futures are up 100+ Points.
  4. SGX Nifty is up 200 points 
  5. Yesterday market opened with a gap down.
  6. But this gap down was bought into immediately.
  7. Within first hour market turned green.
  8. Consolidated and slowly moved upwards.
  9. Once again yesterday, market closed at the highest point of the day.
  10. Bank Nifty too witnessed the same 
  11. Yesterday 16300 CE had the highest open interest.
  12. All these traders shifted to 16400 and they will be trapped again after today's huge gap up.
  13. I've been repeatedly saying the worst is over and markets will surprise you on the upside.
  14. If you are following the same you must have good money.
  15. FII's were also net buyers for 980 odd crores yesterday.
  16. This is a raging Bull Market rally that's killing shorts.
  17. After 16400 , 16500 and 16800 open up.
  18. Do not fight with the Market , just go long near supports and dips.
  19. Yesterday I had mentioned that sideways movement will be good to be long in the Market.
  20. Nifty might Trade between 16400 to 16600 today.
  21. stockmarketadvisory.in

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