Pre-market analysis

1)Nifty closed at 11270.15 up 0.50% and banknifty closed at 21900.25 up 0.67%.

2)Global markets closed in positive yesterday.

3)Today, US and Europe futures are trading in green and asian markets opened positive and sgx nifty future is trading at 11367.50 up 0.43%.

4) We may open gap up of around 60-70  pts and follow global futures as the day progresses,good support now stands at 11k mark with resistance at 11500.

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



6)Nifty option pain is at 11200 and banknifty option pain is at 21900.

7)Nifty may trade between 11000 and 11500 and banknifty may trade between 21000 and 22000 for this week.this are very strong support and resistances as per oi chain.

8)Results today 

9)Stocks in news.

Interglobe Aviation
Approves Raising Funds Up To 4,000 Cr Via Issue Of Eq Shares By Way Of QIP

ICICI BANK ~ QIP Opens
ICICI Bank Sets Floor Price At 351.36/Sh 
To Meet On Aug 14 To Decide QIP Issue Price

CUPID
The Company has received US FDA 51 0(k) approval for additional four variants of CUPID Brand Male Natural Rubber Latex Condoms in addition of approval for one variant already obtained by the Company , to market these products in US market.

Titan
Has incorporated a wholly owned subsidiary Titan commodity trading company with the objective of carrying on the business of trading in various commodities and products

10)Results

Titan Q1, Standalone, YoY
Loss at 270 Cr Vs 371 Cr PAT
Revenue Down 62.3% at 1,862 Vs 4,939 Cr
EBITDA Loss at 246 Cr Vs 565 Cr 
Company Says
July 2020 saw 1% increase in Jewellery business YoY
Feel More Confident now, than previous Qtr
Guides for Normalcy by 

Power Grid Q1, Standalone, YoY
Net Profit down 18.5% at 1,978.9 Cr Vs 2,427.9 Cr
Revenue Down 2.1% at 8,988.7 Cr Vs 8,805.1 Cr
EBITDA Down 0.3% at 7,877 Cr Vs 7,897.3 Cr
EBITDA Margin At 87.6% Vs 89.7%

Bank Of Baroda Q1
Net Loss At 864.3 Cr Vs 709.6 Cr Profit (YoY)
NII Up 4.9% At 6,816.1 Cr Vs 6,496 Cr (YoY)
Gross NPA At 9.39% Vs 9.40% (QoQ)
Net NPA At 2.83% Vs 3.13% (QoQ)

11)F&O BAN
New in Ban: MUTHOOTFIN
Still in Ban: CANBK, CENTURYTEX, IDEA, VEDL

12)Happy Trading

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

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