Pre-market analysis

1)Nifty closed at 10799.65 up 0.33% and banknifty closed at 22628.00 up 1.93%.

2)Yesterday,Global markets closed negative.

3)Today, US and Europe futures are trading positive and asian markets opened in green and sgx nifty is trading at 10821 up 0.57% at 7.00 am.

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 10700 and banknifty option pain is at 22300.

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 and important events today.


How indiam adr fared on global markets yesterday


9)Stocks in news.

Yes Bank 
Capital Raising Committee Approves Fund Raising Via FPO            
FPO Details To Be Disseminated Post RoC Formalities      
CRC Meet To Be Held On/After July 10  To Consider & Approve Price Band etc

Adani Ports 
Board Approves Raising Up To $1.25 Bn Via Dollar Bonds

Titan 
Q1 Update 
Gradual recovery as co reopens 83% of its stores across biz 
Jewellery Rev in May at 20% Jun at approx 70% 
95% Tanishq stores open 
Watches Rev May at 5% June at 20% approx 
 45% of its stores open
Eyewear Rev May 23% June 85% 
75% stores open

Tata Chem Q1 Update 
Co produced over 308,000 ton of salt 
Over 25% more than last yr 
Sales Volume higher than last yr  42%  increase YoY 
Production of Soda Ash and bicarbonate started to recover 
Soda Ash sales Volume over 70% 
Sodium bicarbonate sales Vol were 80% of sales

Indusind Bank 
Hedge fund Route One Investment in talks to raise stake in IndusInd Bank

RIL 
ADIA redials RIL for another investment of $1 billion in Jio Fibre

10)F&O BAN
Enters Ban: EQUITAS
Still in Ban: GLENMARK, IBULHSGFIN, BHEL
Out of Ban:SAIL,IDEA

11)Happy Trading

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

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