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Pre - Market Analysis (28th September 2022)


  1. U.S Markets closed lower yesterday.
  2. Right now , Dow Futures are lower.
  3. SGX Nifty is down 100-150 points 
  4. 100-150 point gap up / gap down has become a normal routine now 
  5. Markets now have become highly volatile.
  6. Yesterday as I predicted the range from 16950 to 17250 held throughout the day.
  7. In between this range , market kept swinging violently.
  8. U.S VIX shot up above 34 Yesterday.
  9. U.S Markets have now broken Russia Ukraine war lows decisively.
  10. This has become a sell on rally market now.
  11. All the rallies are being sold into vigorously.
  12. Currency problem is further accentuating the fall.
  13. Since November 2021 , markets haven't gone anywhere.
  14. Infact as of now they have become negative for the year.
  15. Only positive for our markets are we are outperforming the Global markets.
  16. We are very very far away from War lows.
  17. Which gives me fear that we might fall heavily when selling begins.
  18. 16800 to 17000 is the range now.
  19. Once 16800 gets taken out there would be heavy selling and 16500 will open up.
  20. Nifty might Trade between 16700 to 17000 today.
  21. stockmarketadvisory.in

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