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Pre - Market Analysis (19th December 2022)

  1. U.S Markets closed lower on Friday.
  2. Asian markets are mostly lower.
  3. Dow futures are slightly higher right now.
  4. It was a Quadruple witching day in U.S
  5. This is the day where the Stock futures , Index futures , Option Contracts etc expire on the same day.
  6. This happens for 4 times in an Year.
  7. On this day markets are extremely volatile.
  8. Markets have now turned Bearish.
  9. There has been some news going on regarding Russia - Ukraine war as well.
  10. Missile explosions have aggrevated as well.
  11. Insiders knew about this news on Thursday itself.
  12. They started to sell.
  13. We came to know about this on Friday afternoon.
  14. Markets have closed at the lowest point of the day on Friday.
  15. Also it was the lowest point of December month.
  16. This indicates the trend has turned bearish.
  17. 18200 is the immediate support for now.
  18. Once 18200 is taken out the next support is at 18000 only.
  19. Nifty might trade between 18120 to 18420 today.
  20. A bigger range for the day as Markets have turned Volatile.
  21. stockmarketadvisory.in

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