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Showing posts from July, 2020

Pre-market analysis

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1)Nifty closed at 11102.15 down 0.90% and banknifty closed at 21646.85 down 1.95%. 2)Global markets closed in red yesterday. 3)Today, US and Europe futures are trading positive and asian markets opened mixed and sgx nifty future is trading at 11127.5 up 0.24%. 4) We may open gap up of around 40-50 pts and follow global futures as the day progresses. We are already above 11k mark now. 11k is psychological support for bulls now. Today nifty move will be decided by reliance and also we can expect short covering in banks with sbin result today,big movement is expected in nifty and banknifty either side. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 11100 and banknifty option pain is at 22100. 7)Nifty may trade between  11000  and  11500  and banknifty may trade between  21000  and  23000  for this week.this are very strong support and resistances as per oi chain. 8)Results today...

Pre-market analysis

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1)Nifty closed at 11202.85 down 0.86% and banknifty closed at 22076.60 down 0.17%. 2)Global markets closed in green yesterday.Also banknifty outperformed nifty after so many days,all thanks to reliance for dragging nifty 100pts down. 3)Today, US and Europe futures are trading flat to negative and asian markets opened mixed and sgx nifty is trading at 11232.00 up 0.06%. 4) We may open flat or gap up of around 20-30 pts and follow global futures as the day progresses. We are already above 11k mark now. 11k is psychological support for bulls now. Today results of big heavy weights(Ril,hdfc) so big movement is expected in nifty. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 11100 and banknifty option pain is at 22100. 7)Nifty may trade between  11000  and  11300  and banknifty may trade between  21500  and  23000  for this week.this are very strong support and resistances as per ...

Pre-market analysis

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1)Nifty closed at 11300.55 up 1.52% and banknifty closed at 22105.20 up 1.17%. 2)Global markets closed in red yesterday. 3)Today, US and Europe futures are trading flat to negative and asian markets opened mixed and sgx nifty is trading at 11321.50 up 0.33%. 4) We may open gap up of around 40-50 pts and follow global futures as the day progresses. We are already above 11k mark now. 11k is psychological support for bulls now. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 11150 and banknifty option pain is at 22000. 7)Nifty may trade between  11000  and  11500  and banknifty may trade between  21500  and  23000  for this week.this are very strong support and resistances as per oi chain. 8)Results today and important events. 9)Stocks in news. VEDANTA Moody's confirms Vedanta's ratings; outlook negative INDIGO / SPICEJET The International Air Transport Association (IA...

Pre-market analysis

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1)Nifty closed at 11131.80 down 0.56% and banknifty closed at 21848.75 down 3.59%. 2)Global markets closed in green on friday. 3)Today, US and Europe futures are trading positive and asian markets opened positive and sgx nifty is trading at 11175 up 0.51%. 4) We may open gap up of around 70-80 pts and follow global futures as the day progresses. We are already above 11k mark now. 11k is psychological support for bulls now. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 11100 and banknifty option pain is at 22000. 7)Nifty may trade between  11000  and  11500  and banknifty may trade between  21500  and  23000  for this week.this are very strong support and resistances as per oi chain. 8)Results today and important events. 9)Stocks in news. United Spirits Board has approved to subscribe to 1,950,000 CCPS Hip Bar Private Limited (Hip Bar), for a subscription price of ...

Pre-market analysis

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1)Nifty closed at 11194.15 down 0.19% and banknifty closed at 22662.05 down 1.83%. 2)Global markets closed in red on friday. 3)Today, US and Europe futures are trading positive and asian markets opened positive and sgx nifty is trading at 11200 up 0.21%. 4) We may open gap up of around 40-50:pts and follow global futures as the day progresses. We are already above 11k mark now. 11k is psychological support for bulls now. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 11100 and banknifty option pain is at 22500. 7)Nifty may trade between  11000  and  11500  and banknifty may trade between  22000  and  23000  for this week.this are very strong support and resistances as per oi chain. 8)Results today and important events. 9)Stocks in news. CSB Bank  RBI allows SBI Funds to take up to 10% stake in bank Biocon/ Dr Reddy / Natco / Sun Pharma / Cipla / Lupin - Negati...

Pre-market analysis

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1)Nifty closed at 11215.45 up 0.74% and banknifty closed at 23083.90 up 0.88%. 2)Global markets closed in red yesterday. 3)Today, US and Europe futures are trading flat to negative and asian markets opened negative and sgx nifty is trading at 11159.50 down 0.61%. 4) We may open gap down of around 80-90 pts and follow global futures as the day progresses. We are already above 11k mark now. 11k is psychological support for bulls. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 11100 and banknifty option pain is at 22600. 7)Nifty may trade between  11000  and  11500  and banknifty may trade between  22000  and  23000  for this week.this are very strong support and resistances as per oi chain. 8)Results today and important events. 9)Stocks in news. LUPIN Lupin Gets Tentative Nod From US FDA For Empagliflozin & Linagliptin Tablets Empagliflozin, Linagliptin Tablets i...

Pre-market analysis

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1)Nifty closed at 11132.60 down 0.27% and banknifty closed at 22882.6 up 0.44%. 2)Global markets closed with gains yesterday. 3)Today, US and Europe futures are trading flat to negative and asian markets opened flat and sgx nifty is trading at 11114.00 down 0.14%. 4) We may open gap up of around 20-30 pts or flat and follow global futures as the day progresses. We are already above 11k mark now. Today,day may belong to IT. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 11100 and banknifty option pain is at 22600. 7)Nifty may trade between  11000  and  11200  and banknifty may trade between  22000  and  23000  for this week.this are very strong support and resistances as per oi chain. 8)Results today and important events. 9)Stocks in news. Vodafone Idea Tax Relief For Voda-Idea, SC Directs For Tax Refunds Of Rs 833 Cr SC Dismisses Plea By I-T Dept Challenging Bom HC...

Pre-market analysis

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1)Nifty closed at 11162.25 up 1.27% and banknifty closed at 22782.00 up 2.06%. 2)Global markets closed with gains yesterday. 3)Today, US and Europe futures are trading positive and asian markets opened in green and sgx nifty is trading at 11185.50 up 0.18%. 4) We may open gap up of around 40-50 pts and follow global futures as the day progresses. We are already above 11k mark now. Today,day may belong to pharma,we may see some profit booking in some banks. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 10900 and banknifty option pain is at 22000. 7)Nifty may trade between  11000  and  11200  and banknifty may trade between  22000  and  23000  for this week.this are very strong support and resistances as per oi chain. 8)Results today and important events. 9)Stocks in news. BEML : Co wins 557 Cr  to supply 1,512 mine plough for T-90 tanks to Defence Ministry CSB...

Pre-market analysis

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1)Nifty closed at 11022.20 up 1.11% and banknifty closed at 22321.85 up 1.62%. 2)Global markets closed mixed yesterday. 3)Today, US and Europe futures are trading flat to positive and asian markets opened in green and sgx nifty is trading at 11114 up 0.84%. 4) We may open gap up of around 100-120 pts and follow global futures as the day progresses. We are already above 11k mark now. This week still will be key as most of heavy results are dhe this week. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 10900 and banknifty option pain is at 22000. 7)Nifty may trade between  10800  and  11200  and banknifty may trade between  22000  and  23000  for this week.this are very strong support and resistances as per oi chain. 8)Results today and important events. 9)Stocks in news. MAJESCO To sell its US Business to PE Firm for $ 594 Million – at a 72% premium Majesco to get Rs...

Pre-market analysis

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1)Nifty closed at 10901.70 up 1.51% and banknifty closed at 21966.80 up 1.71%. 2)Global markets closed flat on friday. 3)Today, US and Europe futures are trading negative and asian markets opened flat to positive and sgx nifty is trading at 10913 down 0.13%. 4) We may open flat or gap up of around 30-40 pts and follow global futures as the day progresses. Today,banknifty will be in focus as hdfcbank results are out on saturday. This week we have most of heavy weights results,this week will be key for bulls as we are very near to 11k mark. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 10800 and banknifty option pain is at 21800. 7)Nifty may trade between  10700  and  11200  and banknifty may trade between  21000  and  23000  for this week.this are very strong support and resistances as per oi chain. 8)Results today and important events. 9)Stocks in news. Vodafone I...