Pre-market analysis

1)Nifty closed at 10311.20 up 0.65% and banknifty closed at 21708.35 up 1.74%.

2)Today, US and Europe futures are very volatile and asian markets  and sgx nifty are trading exactly follwoing us markets.

3) We may open gap up of around 20-30 pts or flat and follow global futures as the day progresses.

4)Support and resistance for Nifty and Banknifty  for intraday.

5)Nifty option pain is at 10100 and banknifty option pain is at 21300.

6)Nifty may trade between 10000 and 10500 and banknifty may trade between 20000 and 23000 for this week.this are very strong support and resistances.

7)Results today.

AGCNET
ALKYLAMINE
ASAHISONG
ASIANPAINT
ASTERDM
BALRAMCHIN
BANKBARODA
BERGEPAINT
CAREERP
DBCORP
EIHAHOTELS
FAIRCHEM
FINOLEXIND
GMBREW
GMDCLTD
HALDYNGL
HATSUN
HONDAPOWER
JCHAC
KOLTEPATIL
NLCINDIA
PAGEIND
PGEL
PHILIPCARB
UNIONBANK

8)Stocks in news.
SBI / PNB / Bk of baroda
UTI Asset Management Co Gets SEBI's Approval For IPO

IT SECTOR in Focus 
US President Donald Trump Signs Proclamation Suspending H-1B visas
Suspension Of Immigrants Who Pose A Threat To US Labour Market Till Dec 31

HINDALCO INDUSTRIES
India initiates Anti-Dumping duty probe against aluminium foil imports from China, Indonesia, Malaysia and Thailand

Cement stocks to stay in limelight 
Cement traffic handles by railway saw 18% rise in June. 
CLSA on cement 
Cement demand shows surprise in May 
May demand dn only 5-15% vs expectation of 35-40% decline 
East and central india showed sharp recovery

9)Results.
Info Edge Q4, YoY ~ Decent Numbers
Revenues Up 7.8% to 327.5 v/s Rs 303.8 cr
EBITDA Up 6.1% to 91.6 v/s 86.3 cr
EBITDA margins down to 28% v/s 28.4%
Profit down 63.4% to 119.1 v/s rs 325.2 cr
Exceptional Loss of 183.6 Cr
Co announces 1875 Cr Fund Raising Plan via QIP

Morepen Labs Q4
Net Profit Up 4.8% At `11 Cr Vs `10.5 Cr (YoY)
Revenue Down 5.5% At `206.6 Cr Vs `218 Cr (YoY)
EBITDA Down 13.4% At `18.8 Cr Vs `21.7 Cr (YoY)
EBITDA Margin At 9.1% Vs 9.9% (YoY) 

BALAJI AMINE -decent numbers
Revenue Up 19% @ Rs 283 Vs 237
EBITDA Up 14% @ Rs 56 Vs 49
Margins down 90 Bps
PAT +18% @ Rs 32 Vs 27

10)F&O BAN
New in Ban: CENTURYTEX, IDEA
Still in Ban: ESCORTS, JINDALSTEL, NCC
Out of Ban: ADANIENT, BHEL, JUSTDIAL, PNB, SAIL

11)Happy Trading.Today day will be very volatile.

12)Follow our telegram channel 'Optionstraders' for calls on equity and options.




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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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