Pre-market analysis

1)Nifty closed at 11385.35 up 1.23% and banknifty closed at 22170.60 up 2.16%.

2)Global markets closed mixed on yesterday.

3)Today, US and Europe futures are trading in positive and asian markets opened mixed and sgx nifty future is trading at 11427.5 up 0.14%.

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 11300 and banknifty option pain is at 22000.

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.

DILIP BUILDCON
JV HCC-DBL Bags order For A Project Worth Rs 1335 Crores
Receives LoA From Rail Vikas Nigam For A Project In Uttarakhand

INDIGO / SPICEJET
Aviation Minister Puri Says
Negotiating With 13 More Countries To Establish Air Bubble Arrangements
These Countries Include Australia, Japan, Russia, Singapore, Thailand
To Also Consider Such Arrangements With Other Countries

DIXON TECH
Dixon Tech Board To Meet On August 21 To Consider Raising Funds Via Equity, Debt

Reliance Retail acquires majority stake in leading digital pharma market place ‘Netmeds’
for a cash consideration of approx INR 620 cr. This investment represents ~60% holding in the equity share capital of Vitalic & 100% direct equity ownership of its subsidiaries

10)Results

Zee Ent, Cons, YoY
Net Profit Down 94.3% at 30.4 Cr Vs 530.6 Cr
Revenue Down 34.7% at 1,312 Cr Vs 2,008 Cr
EBITDA Down 66.7% at 219.9 Cr Vs 659 Cr
EBITDA Margin At 16.8% Vs 32.9% 
Appoints R Gopalan As Chairman Of Bd; Subhash Chandra To Be Chmn Emeritus

HAL   
Q1FY21 – YoY
Revenue up 0.8% at Rs 10239 cr vs Rs 10158 cr
EBITDA down 4.9% at Rs 2471 cr vs Rs 2598 cr
EBITDA margins at 24.1% vs 25.6% - Down 150 Bps
Net profit down 1% at Rs 1226 cr vs Rs 1238 cr

11)F&O BAN
New in Ban: ADANIENT, BANKBARODA, IBULHSGFIN, ZEEL
Still in Ban: AUROPHARMA, BHEL, IDEA, JINDALSTEL, MANAPPURAM, SAIL, SUNTV, VEDL
Out of Ban: ASHOKLEY, BATAINDIA, GLENMARK

12)Happy Trading

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

Comments

Popular posts from this blog

Trading Strategies Series Part 6

Pre-market analysis

Pre-market analysis