Pre Market Report
21-SEP-2021
° SGX NIFTY Is At 17447 (+73)
° NASDAQ Is At 15012 (-321)
° DOW JONES Is At 33970 (-614)
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° In NIFTY 17300PE, 17200PE And 17600CE To 17800CE Has Huge Open Interest In Weekly.
° In BANK NIFTY 37000PE, 36500PE And 37800CE, 38000CE, Has Huge Open Interest In Weekly.
° IN INDEX F&O, FIIs Are 60% Long And 40%Short.
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° ASIAN Markets Are Flat To Negative.
° SGX NIFTY Is Indicating Slightly Higher Opening.
° So, It Will Be Interesting To See If Markets Can Sustain The Higher Levels.
° Yesterday, FIIs Where Net Buyers Whereas DIIs Have Booked Profit Very Aggressively.
° ₹Rupee Is Continue To Hold To The Comfort Zone But Rising Dollar Index Is A Concern.
° Crude Oil Prices Are Slightly Down But Higher Prices Are Still A Concern.
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° Yesterday, US Markets Have Fallen Drastically.
° Both, NASDAQ & Dow Jones Come Under Severe Selling Pressure.
° But Today, US FUTURES Are Trading Well In GREEN.
° Uncertainty Of Federal Reserve Policy Meeting, Congressional Budget And Debt Ceiling Led To Yesterday's Fall.
° Because Market Has Never Liked The Uncertainty.
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° GLOBAL CUES ARE FLAT TO NEGATIVE.
° LOCAL CUES ARE NEUTRAL TO POSITIVE.
° MARKET IS LIKELY TO BE A IN A SMALL RANGE WITH SELLING PRESSURE AT HIGHER LEVELS.
