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Pre - Market Analysis (24th Feb 2023)


1. U.S Markets closed higher yesterday. 
2. Right now , U.S Futures are lower.
3. SGX Nifty is up 50-70 Points.
4. As per SGX , it's likely to be a gap up opening today.
5. Usually in Bear markets , gap up gets sold into aggressively. 
6. Also this is a minor gap up.
7. World Markets have become highly Volatile now.
8. Reason is the U.S Markets.
9. Volatility is at its peak in the U.S Markets.
10. Yesterday it went all over the places to close higher finally.
11. Yesterday even though Markets closed flat , the declining stocks were more than advances.
12. This has now become a very narrow market.
13. Reminds me of 2018-2019.
14. Where huge money would be chasing few names.
15. Rest of the stocks would keep Going lower.
16. This will be a very very difficult Market is you are not into the right stocks.
17. This period arrives once in 4 years.
18. Market has now clearly become a sell on rally Market.
19. Market texture is very very weak.
20. Nifty might trade between 17450 to 17750 today.
21. stockmarketadvisory.in


































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