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Prachi Mehta

8th Jan 2025 · SEBI-Registered Analyst

Premarket Analysis - 8 Jan 2025

Date : 8 jan 2025 PreMarket Analysis Lets look at global markets 1. Dow 30 : -0.42% 2. S&P 500 : -1.11% 3. Nasdaq : -1.89% 4. FTSE 100 : -0.05% 5. CAC 40 : +0.59% 6. Kospi : +1.20% 7. US Dollar Index : +0.05% 8. SGX Nifty : +0.09% Nifty 50 has formed an inside bar candle which signifies consolidation, and indecisiveness in the market. The breakout from either high or low of yesterday's candle can give a significant direction Important Zones to mark for nifty _50 1. Zone 1 : 23796-23781 2. Zone 2 : 23651-23637 Stocks to keep in your watchlist today : 1.

KSCL
2.
EDELWEISS
3.
ASHOKA
Sectors to watch today : 1. Textile 2. Insurance 3. Trading Note : Follow risk management and position sizing before entering any positions.

#Pre-OpeningCommentary#FundamentalViews#TechnicalViews#Today’sTradingSetup#IndexStrategies
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