Pre-market analysis

1)Nifty closed at 11200.15 up 0.89% and banknifty closed at 21642.60 up 0.62%. 2)Global markets closed in green yesterday.

3)Today, US and Europe futures are trading in red and asian markets opened negative and sgx nifty future is trading at 11189.50 down 0.21%.

4) We may open flat or gap down of around 40-50  pts and follow global futures as the day progresses, strong support 10800 is protected and also we are above 11k mark.

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

6)Nifty option pain is at 11200 and banknifty option pain is at 21600.

7)Nifty may trade between 11000 and 11200 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.

Lupin

Signs Exclusive Distribution Pact w/ForDoz Pharma For 2 Complex Injectable Assets Under Development In The US

Jubilant Food

Jubilant FoodWorks Limited forays into the FMCG category with ‘ChefBoss’ range of Ready-To-Cook sauces, gravies and pastes

Alembic Pharma

Sets QIP Issue Price At `932/Share ~ 5% discount to floor price of Rs 980.75

Wipro

Wipro Collaborates with Intel to Drive Business Continuity

Integration to enable remote IT support and provide enhanced security solutions

PHARMA STOCKS IN FOCUS

Trump Signs Executive Order

Directs federal govt to buy essential drugs from American Companies

10)Results

Pidilite Q1, Cons, YoY

Net Profit Down 94.6% At 15.8 Cr Vs 294.4 Cr Poll 22

Revenue Down 56.5% At 877.8 Cr Vs 2,016.2 Cr Poll 798

EBITDA Down 85% At 66.4 Cr Vs 443.2 Cr

EBITDA Margin At 7.6% Vs 7.6% Poll 6.6%

Domestic Volume Decline At 57% Vs Poll Of 60% Decline

HPCL Q1, QoQ

Net Profit At 2,813.8 Cr Vs 26.8 Cr

Revenue At 37,720 Cr Vs  66,154.8 Cr

EBITDA At 4,353.6 Cr Vs  EBITDA Loss Of 706.8 Cr

Vodafone Idea Q1, Cons, QoQ

Net Loss At 25,460 Cr Vs 11,643.5 Cr Loss

Revenue Down 9.3% At 10,659.3 Cr Vs 11,754.2 Cr

EBITDA Down 6.4% At 4,098.4 Cr Vs 4,380.1 Cr

EBITDA Margin At 38.5% Vs 37.3%

ARPU At 114 Vs 121 

LUPIN

Q1 – YoY

Revenue down 9% at 3529 cr vs 3879 cr (est at 3747 cr)

EBITDA down 35% at 488 cr vs 748 cr (est at 537 cr)

Margins at 13.8% vs 19.2% 

PAT down 59% at 109 cr vs 264 cr

Torrent Power Q1, Cons, YoY

Net Profit Up 35.4% At 372.7 Cr Vs 275.3 Cr

Revenue Down 19.5% At 3,007 Cr Vs 3,736 Cr

EBITDA Up 16.3% At 969.4 Cr Vs 833.7 Cr

EBITDA Margin At 32.2% Vs 22.3%

Adani Ent Q1, YoY

Net Loss At 65.7 Cr Vs Profit Of 570 Cr

Revenue Down 50.1% At 5,265.2 Cr Vs 10,561.4 Cr 

EBITDA Down 91.7% At 63.9 Cr Vs 771.6 Cr

EBITDA Margin At 1.21% Vs 7.3%

11)Happy Trading

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