Pre-market analysis

1)Nifty closed at 10312.40 down 0.68% and banknifty closed at 21359 down 1.08%

2)Yesterday, US markets ended in deep green due to positive housing data.

3)Today, US and Europe futures are trading positive and asian markets opened in green and sgx nifty is trading at 10301.50 up 0.53%

4) We may open gap up of around 80-100 pts and follow global futures as the day progresses.

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

6)Nifty option pain is at 10300 and banknifty option pain is at 21500.

7)Nifty may trade between 10000 and 10500 and banknifty may trade between 20500 and 22000 for this week.this are very strong support and resistances as per oi chain.

8)Results and important events today.


9)Stocks in news.

Prime Minister @narendramodi will address the nation at 4 PM tomorrow.

Focus on Bajaj Auto / Hero Moto / Atul Auto
Govt. is drawing up an incentive scheme for the auto sector to doubling exports of vehicles and components in the next 5 yrs.
Govt has sought feedback from the industry. the proposal suggests giving incentives over 5 years

LAURUSLABS
BNP PARIBAS ARBITRAGE Buys 1,5 lakh shares
GOVERNMENT PENSION FUND GLOBAL buys 9.4 lakh shares
BLUEWATER INVESTMENT LTD sells 1.25 cr shares

GAIL
Fitch affirmed the company's long-term foreign-currency issuer default rating (IDR) at BBB-. The outlook is negative

Jindal Stainless -Bad
Promoters pledge 76.84 lakh shares

Amara raja -Good
Promoters releases 11,000 pledge shares

Manappuram Finance -Good
Promoters release 15 lakh shares

10)Results. 
Bharat Dynamics Q4- GOOD
Net Profit At `309.7 Cr Vs `124.1 Cr (YoY)
Revenue (GU)63.7% At `1,435.4 Cr Vs `878 Cr (YoY)
EBITDA At `404.7 Cr Vs `120.3 Cr (YoY)
EBITDA Margin At 28.2% Vs 13.7% (YoY)

BEL-Good
Profit Up 74.3% to 1047 v/s 600.8 cr 
Rev up 49.2% to 5816.8 v/s 3899.2 cr
EBITDA Up 56% to 1494 v/s 957.7cr
EBITDA margins 25.7% v/s 24.6%

Tata Steel Q4, Cons  (YoY) ~ Better than expected
Loss At 1,096 Cr  Vs Profit Of 2,431 Cr
Revenue Down 20.4% At  33,770 Cr Vs 42,423 Cr
EBITDA Down 38.1% At  4,647 Cr Vs 7,512 Cr
EBITDA Margin At  13.8% Vs 17.7%
Exceptional loss of Rs 3406 cr

PETRONET LNG BAD weaker than estimates
Total volumes down 6% QoQ
PAT don 45% at 373cr vs 679cr 
Rev Dn 4% at 8567cr vs 8910cr 
EBITDA dn 37% at 697cr vs 1108cr 
OPM at 8.1% vs 12.4%
  Decline largely due to 
- Higher than est forex losses at 280cr
- Inventory losses

11)F&O BAN
No stocks in F&O Ban

12)Happy Trading. 

13)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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