Pre-Market analysis

) Nifty spot closed at 9580.30 on friday while nifty future closed at 9482.25.
2)Banknifty spot closed at 19297.25 on friday while Banknifty future closed at 19297.25.
3)Global markets-Us markets closed flat on friday.
4)Today asian markets are trading higher while us and europe futures are trading flat and sgx nifty is trading higher at spot level-9643 +129 pts at 7.00am.
5)We may open in green with 140-150pts gap-up.
6)sgx is trading higher as due to reports of lockdown,as now slowly and steadily economy has been started from today and globals futures are also recovering.
7)Globally,Trump has said to close all the ties with WHO but did not give any comments on china.so us markets which was trading lower levels due to this, closed flat,as there was no comments on china.
8)Also today cabinet meeting is expected which is source based news ,after gap up ,market will mostly trade sideways.and then if any decision in cabinet will be impacted on stock market.
9)Nifty spot support and resistance levels.

10)Banknifty spot support and resistance levels.
11)Nifty max pain at 9450 levels.
12)Nifty to trade between levels 9200 to 10000 levels.
13)RESULTS TODAY
V-Guard Industries
Birla Cable
Orient Electric
Srikalahasthi Pipes
Universal Cables  
Welspun Enterprises.

14)Stocks to watch today.
Sanofi India: Gets Rs 293 cr from slump sale of manufacturing facility

Dish TV: Yes bank acquires 24.19% stake pursuant to invocation of pledge

Tata Steel - Thyssen restart talks (Bloomberg). JPM says even if JV has Tata Steel as minority partner.

Lupin: Strong comments in concall. Debt reduction is a positive. MS raises target to 1016 from 761

Adani Power: To consider proposal for delisting of shares on June 3

SRF: Chemicals business and packaging films business have restarted ops. Strong outlook.

VODAFONE IDEA: CURRENTLY THERE IS NO PROPOSAL AS REPORTED
VODAFONE IDEA: CONSTANTLY EVALUATES VARIOUS OPPORTUNITIES.

15)Happy trading. For more updates and any queries,keep following our free channels.
Optionstraders on telegram.

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1)Nifty closed at 13529.10  up 1.02% and banknifty closed at 30709.40 up 1.48% 2)Global market closed negative yesterday. 3)Today, US and Europe futures are trading mixed and asian markets are trading positive and sgx nifty future is trading at 13509.20 down 0.50% 4) We may open flat or  gap down of around 50-80 pts and follow global futures as the day progresses. Today It sector may face profit booking, pharma should be support for not sp big fall in nifty. Being expiry today ,market will be volatile. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 13450 and banknifty option pain is at 30500. 7)Nifty may trade between  13000  and 13500 and banknifty may trade between  29000  and 30500 for this week.this are very strong support and resistances as per oi chain.   8)Stocks in news     1- IRCTC 2- NBFC 3- SCI 4- MARUTI 5- PFIZER 6- FEDERAL MOGHUL 7- CEMENT STOCKS  8- M&M ...
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1)Nifty closed at 13355.75  up 0.73% and banknifty closed at 30211.55 up 0.53% 2)Global market closed positive yesterday. 3)Today, US and Europe futures are trading negative and asian markets are trading negative and sgx nifty future is trading at 13414 up 0.24% 4) We may open flat or gap down of around 50-80 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 13250 and banknifty option pain is at 30000. 7)Nifty may trade between  13000  and 13500 and banknifty may trade between  29000  and 30500 for this week.this are very strong support and resistances as per oi chain.   8)Stocks in news    1- CANARA BANK 2- RIL / BHARTI AIRTEL / TELCO EQUIPMENT  3- GOA CARBON 4- JET AIRWAYS 5- TITAN 6- TATA MOTORS / TATA MOTORS DVR 7- TATA POWER 8- LAURUS LAB / ALKEM / AUROBINDO 9- HOEC 10- TRENT 10)Follow our telegram channel 'Optionstraders' for ...
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