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Pre - Market Analysis (17th August 2020)

  1. U.S Markets ended Positive on Friday.
  2. Asian Markets are also Trading higher.
  3. SGX Nifty is up by 90+ Points.
  4. On Friday , Markets fell Suddenly.
  5. There was no news , no Announcement but yet Market fell 250 Points from days high.
  6. This could be due to AGR event Expectations.
  7. Markets owe no Obligation to anybody.
  8. Each and everyone just has to look through their own eyes what looks good for them.
  9. According to me it was a Negative sensing for the event.
  10. It was a big shake up for the Bulls.
  11. Falls like these are a good Opportunity to build long Positions specially in a Bull Market.
  12. Every dip is a buying Opportunity.
  13. Trends don't change so easily and Quickly.
  14. Over the Weekend , everywhere people were Bearish.
  15. Markets would crash , 7500 to be tested again.
  16. Just after a 200 Point fall , talking about a crash is Stupidity.
  17. Markets have Rallied a lot and these sharp dips will come in between.
  18. Short Sellers will add more fuel to these Markets 
  19. One Negative point is Reliance is being pushed into AGR Case.

  21. This could lead to a Negative Sentiment on Reliance.
  22. 11350 is a strong Resistance now for our Markets.
  23. FIIs were net Buyers on Friday and DII's continue to sell.
  24. Nifty might Trade between 11160 & 11360 today.
  25. stockmarketadvisory.in

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