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Pre - Market Analysis (28th July 2022)


  1. U.S Markets closed higher Yesterday.
  2. Asian markets are mixed.
  3. Dow futures are slightly lower right now.
  4. SGX Nifty is up 130-150 points.
  5. So yesterday was the major Fed Event.
  6. Fed raised Interest rates by 75 basis points by tackle Inflation.
  7. This was a very bold move by Fed to double down the Inflation.
  8. Their were talks that if Fed raises rates by 75 basis points markets would crash.
  9. Exactly opposite has happened 
  10. Nasdaq rallied more than 4% yesterday.
  11. S&P 500 more than 3% and Dow more than a percent.
  12. Yesterday I mentioned we are not going with complete optimism into the Fed Event.
  13. Which is quite good for the Markets.
  14. Markets have already factored in the negatives.
  15. Many traders place emphasis on the event.
  16. I place emphasis on the market movement before the Event.
  17. So now the Fed event is out.
  18. 16800-16850 is a crutial zone for Nifty.
  19. Once this is taken out there will be fireworks.
  20. Yesterday I mentioned 16400 Is a great buy zone.
  21. Just see how the markets have rallied from there.
  22. Nifty might Trade between 16650 to 16850 today.
  23. stockmarketadvisory.in

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