Pre-market analysis

1)Nifty closed at 10288.90 down 0.16% and banknifty closed at 21506.15 up 0.37%.

2)What a recovery in second half yesterday,we just followed global futures,global futures recovered we recovered. There was no rocket science behind this recovery.

2)Today, US and Europe futures are trading flat to negative and asian markets opened in green and sgx nifty is trading at 10275.00.

3) We may open gap up of around 70-80 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 10300 and banknifty option pain is at 21500.

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 as per oi chain. 

7)Results and Important events today.


8)Stocks in news.

Vedanta
Gets Shareholder Approval To Delist Shares Of Co From NSE & BSE

PNC Infratech 
Gets Letter Of Acceptance From NHAI For HAM Project Worth Rs 1,412 Cr

Watchout for stocks which are going for rebalancing.

9)Results. 

Results 

Ashok leyland 
Net loss 57.32cr expected loss 45cr 
Rev dn 56% at 3838cr 
Ebitda dn 81% at 183cr 
OPM 4.8% 
Weak no’s 
Outlook negative 

Concor 
Rev 1569cr dn 10% 
Ebitda 474cr up 34% 
PAT 294.6cr dn 16% 
Margin 30% 

Apollo Hosp Q4, Cons , YoY good results
Revenue Up 16.9% At Rs 2,922.4 Cr Vs Rs 2,499.5 Cr
EBITDA Up 14.5% At Rs 320 Cr Vs Rs 279.5 Cr
EBITDA Margin At 11% Vs 11.2%
Net Profit At Rs 209.6 Cr Vs Rs 72.8 Cr
Exceptional Gain of Rs 198 cr ~ from stake sale in Apollo Munich

STAR CEMENT
Flattish Q4 Performance
YoY Sales Up 3%; Operating Profit Down 2%
Margins @ 22.6% - Down 70 Bps
PAT Down 5%

10)F&O BAN
No stocks in F&O Ban:
3 stocks Out of Ban:  Glenmark, Just Dial, Vodafone Idea

11)Happy Trading. 

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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