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Pre - Market Analysis (11th October 2022)


  1. U.S Markets closed lower Yesterday.
  2. Right now , Dow futures are slightly lower.
  3. SGX Nifty is hovering around 17150.
  4. Indicating another gap up today 
  5. Asian markets are lower 
  6. Yesterday TCS came out with results and they seem good.
  7. After the results of TCS , all the IT Stocks ADR's have moved higher.
  8. ADR stands for American Depository receipt 
  9. Indian stocks are traded in foreign markets so that if any FII's are interested they can buy and trade.
  10. These do not indicate exact movement of the stock the next day but provide a broad idea.
  11. Markets are now waiting for the Inflation numbers.
  12. They are due tomorrow ie , Wednesday night as per IST.
  13. That's the reason markets are jittery before the Inflation numbers announcement.
  14. Yesterday there was a dramatic recovery since Market opening.
  15. Nifty didn't even test 17000 and closed above 17200.
  16. People are ready to buy on dips.
  17. In spite of such bearishness across World markets we are holding on.
  18. I expect the same range of yesterday to hold on for today.
  19. Nifty might Trade between 17000 to 17300 today.
  20. stockmarketadvisory.in

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