Pre-market analysis

1)Nifty closed at 11247.10 up 0.61% and banknifty closed at 21700.85 up 0.10%.

2)Global markets closed mixed on yesterday.

3)Today, US and Europe futures are trading in negative and asian markets opened negative and sgx nifty future is trading at 11274.50 down 0.12%.

4) We may open flat or gap up of around 30-40 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 21800.

7)Nifty may trade between 11000 and 11500 and banknifty may trade between 21500 and 22500 for this week.this are very strong support and resistances as per oi chain.

8)Results today


9)Stocks in news.

RBL BANK
RBL Bank Board Meeting On August 20 To Consider Fund-raising

PNB
ICRA Ratings revised ratings to ICRA AA- (Stable) from ICRA AA- ; Placed on rating watch with positive implications

DELTA CORP
Q1 Update
Temp suspension of ops has had an impact on casino & and hospitality Rev.
Hotel at Daman resumed operations since 16th June, 2020.
Companies online skill gaming biz continues to operate & grow.
Normalcy could be gradually restored by Q4Fy21


10)Results

Petronet LNG
Q1FY21, YoY
Sales down 43.3% to Rs 4883.6 v/s Rs 8613.4 cr
EBITDA Down 11.1% to Rs 910 v/s Rs 1023.9 cr
EBITDA Margins Up to 18.6% v/s 11.9%
Profit down 11% to Rs 499.8 v/s Rs 561.9 cr

11)F&O BAN
New in Ban:  JINDALSTEL, SUNTV
Still in Ban: ASHOKLEY, AUROPHARMA, BATAINDIA, BHEL, GLENMARK, IDEA, MANAPPURAM, SAIL, VEDL

12)Happy Trading

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

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