Pre-market analysis

1)Nifty closed at 11408.40 up 0.20% and banknifty closed at 22285.90 up 0.52%.

2)Global markets closed negative yesterday.being expiry today ,it will very volatile day.Banknifty will be in pressure,nifty IT and nifty pharma can be saviour.

3)Today, US and Europe futures are trading in negative and asian markets opened negative and sgx nifty future is trading at 11288.50 down 1
.17%.

4) We may open gap down of around 120-140 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 11400 and banknifty option pain is at 22200.

7)Nifty may trade between 11000 and 11500 and banknifty may trade between 22000 and 22500 for this week.this are very strong support and resistances as per oi chain.

8)Results today 
Accelya
Gujpetro
Hcg

9)Stocks in news.

PNB Housing
Board approves Fund raising of Rs 1800 cr through Preferential issue / Right Issue

L&T Finance Holdings
Board approved raising up to Rs 200 crore via non-convertible debentures.

Cipla
The Company’s wholly owned subsidiary Cipla Medpro South Africa Proprietary Limited has signed an agreement with Regipharm Medical Proprietary Limited, South Africa, to sell its entire equity stake in Anmaraté Proprietary Limited, South Africa, for ZAR 150,000

10)Results

Cosmo Films
Q1FY21, YoY
Sales down 11% to Rs 481.3 v/s Rs 541 cr
EBITDA Up 52.3% to Rs 87.1 v/s Rs 57.2 cr
EBITDA Margins Up to 18.1% v/s 10.6%
Profit Up 69% to Rs 47 v/s Rs 27.8 cr
Board gives approval to foray in Pet Care business. Pilot launch is expected by early next year

11)F&O BAN

New in Ban: CANBK, CENTURYTEX

Still in Ban: ADANIENT, AUROPHARMA, BANKBARODA, BHEL, IBULHSGFIN, IDEA, JINDALSTEL, MANAPPURAM, SAIL, SUNTV, VEDL

Out of Ban: ZEEL

12)Happy Trading

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

Comments

Post a Comment

Popular posts from this blog

Trading Strategies Series Part 6

Image
Combo Supertrend along with RSI Today we will be discussing how Combo SuperTrend along with RSI can help us trade accurate intraday trades with more efficiency. Supertrend Indicator - As the name suggests, ‘Supertrend’ is a trend-following indicator -  The indicator is easy to use and gives an accurate reading about an ongoing trend. - A ‘Supertrend’ also acts as a strong support or resistance and it also provides a trailing stop loss for the existing trade. In a ‘buy’ signal, any dip towards the indicator can also be used as a buying opportunity and vice versa - Works well in a trending market RSI  - The relative strength index (RSI) is a momentum indicator - Measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock Indicator Settings We will need three supertrend along with RSI 1. Supertrend(9,2) 2. Supertrend(10,3) 3. Supertrend(14,3) 4. RSI default 14 or 7 Candle Time Frame : 5 Min Long Entry Strategy -  RSI a...
Read more

Pre-market analysis

Image
1)Nifty closed at 13529.10  up 1.02% and banknifty closed at 30709.40 up 1.48% 2)Global market closed negative yesterday. 3)Today, US and Europe futures are trading mixed and asian markets are trading positive and sgx nifty future is trading at 13509.20 down 0.50% 4) We may open flat or  gap down of around 50-80 pts and follow global futures as the day progresses. Today It sector may face profit booking, pharma should be support for not sp big fall in nifty. Being expiry today ,market will be volatile. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 13450 and banknifty option pain is at 30500. 7)Nifty may trade between  13000  and 13500 and banknifty may trade between  29000  and 30500 for this week.this are very strong support and resistances as per oi chain.   8)Stocks in news     1- IRCTC 2- NBFC 3- SCI 4- MARUTI 5- PFIZER 6- FEDERAL MOGHUL 7- CEMENT STOCKS  8- M&M ...
Read more

Pre-market analysis

Image
1)Nifty closed at 13355.75  up 0.73% and banknifty closed at 30211.55 up 0.53% 2)Global market closed positive yesterday. 3)Today, US and Europe futures are trading negative and asian markets are trading negative and sgx nifty future is trading at 13414 up 0.24% 4) We may open flat or gap down of around 50-80 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 13250 and banknifty option pain is at 30000. 7)Nifty may trade between  13000  and 13500 and banknifty may trade between  29000  and 30500 for this week.this are very strong support and resistances as per oi chain.   8)Stocks in news    1- CANARA BANK 2- RIL / BHARTI AIRTEL / TELCO EQUIPMENT  3- GOA CARBON 4- JET AIRWAYS 5- TITAN 6- TATA MOTORS / TATA MOTORS DVR 7- TATA POWER 8- LAURUS LAB / ALKEM / AUROBINDO 9- HOEC 10- TRENT 10)Follow our telegram channel 'Optionstraders' for ...
Read more