Pre-market analysis

1)Nifty closed at 10302.10 down 0.10% and banknifty closed at 21370.15 up 0.05%.

2)Yesterday, most of global markets ended in  green.

3)Today, US and Europe futures are trading negative and asian markets opened in green and sgx nifty is trading at 10239 down 0.35%

4) We may open flat or gap down of around 40-50 pts and follow global futures as the day progresses,bias will be on positive side

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


6)Nifty option pain is at 10300 and banknifty option pain is at 21400.

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.

KALPATARU POWER
Bags New Orders Worth Rs 956 Crores
Bags Orders From India, Africa & Middle East In T&D Biz

BANK OF BARODA
Board Approves Raising Up To Rs 2000 Cr In Tier-1 Bonds

HERO MOTOCORP
Says has commenced the dispatches of its new motorcycle – the Hero Xtreme 160R
 
VEDANTA
DGTR Initiates Anti-Subsidy Probe On Imports Of Aluminium Wire/Rods from Malaysia
Probe Initiated On Complaint Filed By Vedanta & BALCO
Hindalco & Nalco on Radar Too

JSPL
Divests its entire stake in its Oman asset, Jindal Shadeed Iron and Steel Co LLC (JSIS Oman)
The enterprise value of the deal is over US $1 billion

Bharti Airtel

Carlyle announces it will acquire 25% stake in Airtels Data centre biz Nxtra 
Valuation of Nxtra seen at $1.2b 
 Airtel to get $235m for stake sale

Marico
The Company has now acquired the balance equity stake of 55% in Zed Lifestyle Private Limited  from its existing shareholders. Marico now holds 100% in Zed lifestyle

10)Results. 

NEW INDIA ASSURANCE
Q4 YoY ~ GOOD
Total Income @ Rs 7040 Crore Vs Rs 6570 Crores – Up 7%
PAT @ Rs 127 Crores Vs Loss of Rs 270 Crores
Operating Expenses Down 36%
Global GWP grew by 12%, clocking an all-time high of Rs 31,244 Crs
Solvency Ratio remains stable at 2.11

BHARAT BIJLEE
Q4 – YoY = GOOD .. Operationally Strong
Rev Down 5% @ Rs 260 Cr vs Rs 273 Cr
EBITDA @ Rs 29.3 Cr Vs Rs 20.6 – Up 42%
Profit Up 47% @ Rs 14 Cr Vs Rs 9.6 Cr

DEEPAK FERTILIZER
Q4 – YoY Strong Operational Performance
Sales Up 1%
EBITDA Margins up from 8.7% to 10.3% - Up 160 Bps
Profit of Rs 4.7 Cr Vs Loss of Rs 10.4 Cr

#VodafoneIdea Q4 Loss at Rs 11643cr!  
Guarantees amounting to Rs 12844cr due to expire in next 12 months.
Cash+ Bank Balances = ~Rs 2700cr.
Auditor: Material Uncertainty Related to Going Conceen


11)F&O BAN
New stocks in F&O Ban- vodafone idea

12)Happy Trading. 

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

Comments

Popular posts from this blog

Trading Strategies Series Part 6

Pre-market analysis

Pre-market analysis