Pre-market Anlysis

1)Nifty closed at 10383.00 up 0.91% and banknifty closed at 21592.05 up 0.47%.

2)Friday, most of global markets ended in deep red.

3)Today, US and Europe futures are trading flat to negative and asian markets opened in red and sgx nifty is trading at 10251.00 down 0.86%

4) We may open gap down of around 130-140 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 20000 and 23000 for this week.this are very strong support and resistances as per oi chain. 

8)Results today.

Bharat Dynamics Ltd 
Bharat Electronics Ltd 
Bharat Forge Ltd 
CESC Ltd 
Force Motors Ltd 
GMR Infrastructure Ltd 
Gujarat Fluorochemicals Ltd 
Hindustan Copper Ltd 
Jai Corp Ltd 
Jammu and Kashmir Bank Ltd 
Lux Industries Ltd 
Minda Industries Ltd 
MRF Ltd 
NOCIL Ltd 
Parag Milk Foods Ltd 
PC Jeweller Ltd 
Petronet LNG Ltd 
Phoenix Mills Ltd 
Rail Vikas Nigam Ltd 
Raymond Ltd 
Repco Home Finance Ltd 
SJVN Ltd 
Tata Steel Ltd 
Venkys (India) Ltd 
Welspun India Ltd

9)Stocks in news.

HDFC Bank : News Paper report says
to raise `10,000-13,000 cr via QIP Bank expects 50 bps impact from probable stress in small biz loans
Fund raising to be a combined issuance of domestic shares & ADR
- Fund raising could be done in early Q3FY21

SUMITOMO CHEMICAL : OFS opens for RETAIL today
Parent is selling up to 49.91 lakh shares
floor price for the sale has been fixed as ₹265.
Institutional Quota was subscribed 2.2X on Friday
Sumitomo Chemical ( Parent)  holds 80.3 per cent stake in Sumitomo India.

PEL : Carlyle to buy 20% stake in Pharma biz $490M ( Rs 3700cr ) investment in Piramal Pharma deal at EV of $2775M

Indigo/Spicejet : Govt allows Domestic airlines to operate with 45% capacity.


Bajaj Auto : 140 cases of covid in Walunj facility 8100 employees and contractors at walunj 44% of Bajaj autos motorcycle capacity 100% of 3W capacity comes from Walunj

Bajaj Finance
S&P has downgraded of the Company from Long term rating of ‘BBB-/Negative’ and Short-term rating of ‘A-3’ to Long term rating of ‘BB+/Stable’ and Short-term rating of ‘B’. Outlook revised to Stable from negative

Shriram Transport Finance Co.
S&P has Placed the ratings on CreditWatch with negative implications
Ratings downgraded to BB- from BB
 
Manappuram Finance
S&P has downgraded of the Company Rating to B+ from BB- ~ Outlook revised to stable from Negative

PFC
S&P has downgraded of the Company Rating to BB+ from BBB-
Outlook revised to stable from Negative
 
Muthoot Finance
Outlook on Muthoot is negative

10)Results. 

Oil India
Q4FY20, YoY
Sales down 15.8% to 2607.4 v/s 3097.3 cr
Profit of rs 1597.4 cr v/s loss of 70.6 cr
In base quarter there was a exceptional loss of 1026.8 cr

ITC Q4 YoY
Profit UP 6.5% At 3,797 Cr Vs 3,481.9 Cr  Vs Poll Of `3,575 
Revenue down 6.4% At 11,420 Cr Vs 12,206 Cr Vs Poll Of `11,633
EBITDA down 8.9% At 4,163.5 Cr Vs 4571.6 Cr Vs Poll Of `4,345
EBITDA Margin At 38.4% Vs 38.1% Vs Poll Of 37.4%
Volume decline of 11%

NTPC Q4 ~ Good but misses estimates
Net Profit Down 71.2% At `1,252.44 Cr Vs `4,350.32 Cr (YoY)
Revenue UP 28.4% At `27,246.8 Cr Vs `21,222.4 Cr (YoY)
EBITDA UP 57.6% At `7,317.8 Cr Vs `4,644.4 Cr (YoY)
EBITDA Margin At 26.8% Vs 21.88% (YoY)

Coal India Q4
Net Profit down 23.2% At `4,625.8 Cr Vs `6,026.5 Cr (YoY)
Revenue down 3.6% At `27,568.3 Cr Vs `28,585 Cr (YoY)
EBITDA down 18.3% At `6,728.8 Cr Vs `8,241 Cr (YoY)
EBITDA Margin At 24.4% Vs 28.8% (YoY)


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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