Pre-market analysis

1)Nifty closed at 10167.45 up 0.25% and banknifty closed at 21187.35 up 0.73%.

2)Global market rallied yesterday and  closed higher (deep green).

3)Today, US and Europe futures are trading flat and asian markets opened in green,Sgx nifty is trading to at 10227 up 0.63%

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

5)Support and resistance for Nifty and Banknifty  for intraday.
6)Nifty option pain is at 10100 and banknifty option pain is at 21000.

7)Nifty may trade between 10000-10300 and bank nifty may trade between 20000-21500.

8)Results today -
9)Stocks in news -
Emami Ltd
Greenlab Organics Ltd, (Greenlab) the inoperative step down subsidiary company based at UK has been dissolved under operation of laws.
Dissolution of Green lab will have no impact in the operations and financials of the Company.

Coffee Day ent
KOTAK MAHINDRA INVESTMENTS LIMITED sells 1,284,619 shares.

RITES ltd
RITES has received an order from National Highways & Infrastructure Development Corporation Limited.
RITES is a Joint Venture partner in the said project and its fee is Rs. 55 crore (approx.).


10) Result analysis -
Titan Q4 (YoY)
PAT UP 21.1% At `356.8 Cr Vs `294.6 Cr 
Revenue down 5.2% At `4,428 Cr Vs `4,672 Cr
EBITDA Up 32.5% At `603.6 Cr Vs `455.5 Cr
EBITDA Margin At 13.6% Vs 9.7%
MANAGEMENT SAYS - Response from customers over the last few weeks have been very encouraging.
PVR Q4 (YoY)
Net Loss At `74.6 Cr  Vs Profit Of `46.7 Cr
Revenue (RD)23% At `645.1 Cr  Vs `837.6 Cr
EBITDA (GU)7.4% At `172.6 Cr  Vs `160.7 Cr
EBITDA Margin At 26.8% Vs 19.2%
To rise rs 300 cr through right issue.
Inox Leisure Q4 (YoY)
Net Loss At `82.1 Cr Vs Profit Of `48.1 Cr 
Revenue down 22.4% At `371.6 Cr Vs `478.8 Cr
EBITDA UP 14% At `110 Cr Vs `96.5 Cr
EBITDA Margin At 29.6% Vs 20.1%.

11)Role has been reversed,now fiis are buying and diis are selling.
FII Buying in Indian markets continues
Buys for 8 straight trading sessions, total 18556 crs
Nifty Up 9.15% in these 8 trading sessions.

12)Happy trading.for more updates follow our telegram channel optionstraders.






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