Pre-market analysis

1)Nifty closed at 10768.05 down 0.42% and banknifty closed at 22398 down 2.22%.

2)Friday,Global markets closed in green.Bulls will be in action today.

3)Today, US and Europe futures are trading positive and asian markets opened in positive and sgx nifty is trading at 10844 up 0.61%.

4) We may open gap up of around 70-80pts and follow global futures as the day progresses.

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


6)Nifty option pain is at 10750 and banknifty option pain is at 22500.

7)Nifty may trade between 10500 and 11000 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.

5paisa cap


9)Stocks in news.

BIOCON
DCGI Approves Itolizumab For 'Restricted Emergency Use' To Treat COVID

Dilip Buildcon Llmited
Company has been declared as L-1 bidder for a new HAM project viz .Four Laning ~ in the state of gujarat on Hybrid Annuity mode. The project cost is rs 882 crs

Vodafone Idea
 Pays back Franklin Templeton

IRB Infra
Preferred bidder for 2193 cr project

Info Edge
Strong performance by Zomato in FY20

Reliance 
Qualcomm to Invest Up to $110m in Jio Platforms

Infosys: Company and Old National Bank forged digital transformation partnership.

Lakshmi Vilas Bank Q4: Net profit was at Rs 92.86 crore against loss of Rs 264.43 crore and NII was down 51 percent at Rs 68.6 crore versus Rs 140.2 crore, YoY.

Havells India: CARE has reaffirmed its rating on the long term bank facilities (CC) at CARE AAA and reaffirmed CARE A1+ to the short term bank facilities.

Tejas Network: Company board meeting will be held on July 27, 2020, to consider and approve the unaudited standalone financial results of the company for the quarter ended June 30, 2020.e

10)F&O BAN

Bharat Heavy Electricals (BHEL), Glenmark Pharmaceuticals, Century Textiles & Industries, Vodafone Idea, Equitas Holdings and Punjab National Bank

11)Happy Trading

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

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