Pre Open Market Analysis for 07 Dec 2022

Pre Open Market shows its ability to “Hanging in There”.

Support just locked lips with Nifty and literally Nifty is flying high!

 

1) Pre Open Market for 07 Dec 2022:

1. As already mentioned support is literally lending its back like a farmer!
2. Support interlocked lips with Nifty.
3. In turn, Nifty drank R*& Bull and got its Wings.
4. Nifty is flying high!
5. Freak Nifty is now against Gravity!
6. The trend line is also ready to be the Big Bruh and lend its shoulder pushing Nifty higher!

 

2) SGX Nifty Trend for Today on 7th December 2022:

Today on 7th December 2022 SGX Nifty is showing a 17 Points LOWER move at around 7:45 AM when I am writing this article.

SGX Nifty Trend on the Live Chart denotes that the Indian Markets will react NEUTRAL.

So Indian markets especially Nifty Trend Today would have a NEUTRAL start.

 

3) World Market Analysis for 7th Dec 2022:

S&P 500: 57.58 (-1.44%)
NASDAQ: 237.11 (-2.01%)
Dow Jones: 350.76 (-1.03%)
Nikkei: 123.99 (-0.44%)

The heck with the world markets, down down and downer! Jabardast is downsizing all over the world!

 

4) Nifty Supports and Resistances:

Nifty Supports: 18602, 18534, 18500, 18432, 18400, 18296,18200

Nifty Resistances: 18678, 18758, 18881, 18855
GOOD READ: How To Choose The Best Option Strike Price For Landmark Success?

 

5) Pre-Open Market for 07 Dec 2022 Conclusion:

Nifty got wings, but the air is sucked from the vacuum to Frigging not letting the pre-open market fly!

1. Damn sure if let high Nifty will fly.
2. The directional movement indicator is low showing its stands to BOW!
3. Support is literally a Lady Love ready to Shove a Jet Pack.
4. Big Brother Trend Line is pushing the Nifty after drinking WINE!
5. Nifty literally is being tested, to see if it will be LIFTED OR WASTED!

PS: I LOVED THE LADY LOVE SMOOCH YESTERDAY. Today it’s not a GUARANTEE! LADY LOVE MAY DUMP NIFTY!

All in all, today Nifty will see some thrifty moves backed by the Asian market’s negativity.

MUST-READ: Can Day Trading Make You Rich For an Exhilarated Excuse-Free Life?

Considering the trends globally and Technical Analysis Nifty Trend Today will start NEUTRAL to POSITIVE.

Please let me know your thoughts about today’s pre open market opening post in the COMMENTS below.
Follow me on Facebook and Youtube.

Happy Trading and Happy Money Making!