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Pre - Market Analysis (1st December 2022)


  1. U.S Markets closed higher yesterday. 
  2. Asian markets are higher.
  3. SGX Nifty is higher 80-100 points.
  4. Markets are now firing on all cylinders.
  5. Yesterday last 30 minutes nifty scaled higher by 100 points.
  6. I mentioned yesterday that big move would come if 18700 is taken out.
  7. Once 18700 got breached , there was a huge rally.
  8. Markets looking excessively bullish right now.
  9. We do not know where will this momentum stop.
  10. Until then we just have to ride the trend.
  11. Keep trailing the stoploss and keep riding the trend.
  12. That's the way to go from here
  13. We have weekly expiry today and expirys generally can be volatile.
  14. Particularly after 2 pm Volatility is likely to increase.
  15. So it's better to close positions by 2 pm.
  16. The only worry I have is Gujarat state elections.
  17. Markets are going into the elections with huge optimism.
  18. Thats the only worry as of now as any disappointment could cause a big crash.
  19. Nifty might trade between 18600 to 18900 today.
  20. stockmarketadvisory.in

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