PRE MARKET REPORT, NOV 24, 2021

US Markets closed mixed while S&P and Dow closed higher and Nasdaq was significantly lower managed to wipe out all the losses
Asian markets trading mixed in the morning
SGX Nifty indicating a positive start with 50 points gain
FIIs net sold shares worth Rs 4,477.06 crore while DIIs net bought shares worth Rs 1,412.05 crore
FIIs have been selling relentlessly and have sold more than 10,000 cr in last three trading sessions
Nifty 17,250 low seems to be support for coming few days
Markets likely to be very volatile ahead of tomorrows Monthly expiry
Nifty and Bank Nifty now trading below all significant moving averages. Nifty now should consolidate before making any big moves either upside or downside
Nifty PCR 0.82 and Bank Nifty PCR 0.93

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