Daily Report · October 23, 2020

PreMarket Report 23 Oct

[responsivevoice_button voice=”Hindi Female” buttontext=”Listen to Post”]

  • US markets closed marginally higher.
  • Its all about the stimulus deal now. No fundamental or technical nalysis seems to work now.
  • Market has now become choppy. Its advicable to stay away till new trend emerges.
  • Nifty ended in a Doji yesterday. Yesterday’s expiry was for option writers.
  • DIIS keep selling in cash market, yesterday for about 2020 crores.
  • Bajaj Auto came with not so good results. It’s reflecting in auto sector.
  • We are entering into last leg of us presidential elections.
  • We may see mpre volatility in the week ahead.
  • Time to wait like a crocodile for the big move.
  • Nifty may trade between 11800 to 12000.