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Pre - Market Analysis (3rd October 2022)


  1. U.S Markets closed lower on Friday.
  2. Right now , Dow Futures are lower.
  3. SGX Nifty is down 100-120 points 
  4. Asian markets are mostly lower.
  5. Friday session was a intense volatile one.
  6. Before RBI press conference , markets were down.
  7. As soon as it got over , there was a heavy short covering rally.
  8. This rally had powered Nifty above 17k.
  9. Trend is sell on rally.
  10. There will be powerful short covering rallies.
  11. In due course , they would be sold into.
  12. U.S Markets look very weak 
  13. Apple is down 10% now in last week.
  14. When Bluechips start to callapse that's when markets bottom out.
  15. Bottom is quite far away now.
  16. I don't think it's been done yet.
  17. U.S VIX is still above 30.
  18. This is a dangerous sign 
  19. Look to sell on rallies and prefer only trading Intraday.
  20. Carrying over Positions is quite risky in this environment coz of huge gap openings.
  21. Nifty might Trade between 16800 to 17100 today.
  22. Range on Friday was too big 
  23. Expecting an inside candle / consolidation today.
  24. stockmarketadvisory.in

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