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Pre - Market Analysis (27th July 2022)


  1. U.S Markets closed lower Yesterday.
  2. Asian markets are mixed.
  3. Dow futures are slightly higher right now.
  4. SGX Nifty is flat.
  5. Last 2 days Market was been making fresh lows.
  6. This is generally the price action before the Fed event.
  7. Market factors in the negatives.
  8. If market kept moving higher before Fed event then a shock by fed would've taken market 1000 points lower.
  9. Market going in with not much expectations is always good.
  10. 16400 is a very important level.
  11. Expect Nifty to hold onto this today.
  12. Also this is a very important buy zone for Nifty.
  13. Bank Nifty near 36k would be worth a long.
  14. However keep proper stoploss in case if reverses.
  15. Financials might lead the next rally from here on.
  16. Previous Bull market IT led the rally.
  17. This time it's going to be Financials + some minor sectors having not much weightage in Nifty.
  18. There is quite disparity going on in broader markets.
  19. Some stocks keep going higher and many keep going lower 
  20. Clearly money is chasing quality names in the Mid & small cap space.
  21. Nifty might Trade between 16380 to 16600 today.
  22. stockmarketadvisory.in

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