Pre-market analysis

1)Nifty closed at 10305.30 down 1.58% and banknifty closed at 21426.80 down 3.76%.

2)Today, US and Europe futures are trading negative and asian markets opened in deep red and sgx nifty is trading down 1.26%.

3) We may open gap down of around 150-160 pts and follow global futures as the day progresses.

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


5)Nifty option pain is at 10200 and banknifty option pain is at 21500.

6)Nifty may trade between 10000 and 10500 and banknifty may trade between 21000 and 23000 for this week.this are very strong support and resistances.

7)Results today.

APOLLOHOSP
BANKINDIA
ASHOKLEY
CONCOR
ENGINERSIN
GALAXYSURF
HAL
IDFC
ICRA
IOB
JBCHEPHARM

8)Stocks in news.

Venkys, Godrej agrovet, parag milk, hatsun agro
Dairy and Poultry Stocks inFocus 
As Cabinet approves 15000cr for Dairy and animal husbandry infra fund. 
Sector to get 3% interest subvention.

Bharti Infratel: Company extended deadline for merger with Indus Towers until August 31.

GUJARAT FLUOROCHEMICALS
India may impose anti-circumvention duty on a chemical, used in electrical, electronic, mechanical industry from Korea and China with a view to guard domestic players from cheap imports

POWER SECTOR IN FOCUS
Power Minister to hold a Press Conference through VC Tomorrow @ 12 Noon 
Likely To Focus On Big Reforms in Power sector

9)Results. 

Astra Microwave Products: Q4 profit at Rs 10.26 crore versus Rs 7.94 crore, revenue at Rs 174.53 crore versus Rs 117.75 crore YoY.

Shriram EPC: Q4 loss at Rs 91.08 crore versus profit at Rs 3.15 crore, revenue at Rs 184 crore versus Rs 488.73 crore YoY.

Canara Bank: Q4 loss at Rs 3,259.33 crore versus loss Rs 551.53 crore, net interest income at Rs 3,318.52 crore versus Rs 3,500.15 crore YoY.

HG Infra Engineering: Q4 profit at Rs 54.32 crore versus Rs 38.58 crore, revenue at Rs 634.12 crore versus Rs 584.1 crore YoY.

Karur Vysya Bank: Q4 profit at Rs 83.70 crore versus Rs 60 crore, revenue at Rs 590.48 crore versus Rs 619.23 crore YoY.

UBL ~ Weak
Revenues down 12.6% at Rs.1425.1cr vs 1630cr (Poll at Rs.1475cr)
Gross margins at 51% vs 47% 
EBITDA down 23% at Rs.133cr vs 172.4cr (Poll at Rs.149cr)
Margins at 9.3% vs 10.6% (Poll at 10%)
PAT down 39% at Rs.42cr vs 69cr (Poll at Rs.56.5)

PFC Q4 ~ Weak 
Net Profit down 79.5% At `693.71 Cr Vs `3,391.27 Cr (YoY)
Revenue Up 12.7% At `16192.73 Cr Vs `14,363.34 Cr (YoY)
NIM up 3.28% vs 3.28%QOQ
GNPA ratio at 8.08% vs 8.34%QOQ
Loan growth is the lowest in last 10 qtrs


10)F&O BAN
New in Ban: GLENMARK
Still in Ban: IDEA, JUSTDIAL
Out of Ban: CENTURYTEX

11)Happy Trading.Today day will be very volatile.Dont sell your quality stock in panic.

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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