Pre-market analysis

1)Nifty closed at 11214.05 up 0.12% and banknifty closed at 21754.00 up 0.51%.

2)Global markets closed mixed yesterday.

3)Today, US and Europe futures are trading in green and asian markets opened positive and sgx nifty future is trading at 11263.50 up 0.33%.

4) We may open gap up of around 60-70  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 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.

Info Edge
QIP Issue Price Rs 3090 i.e. 2.74% discount to the floor price of Rs 3177.18 per share

Maruti
July Production
Down 19.2% to 107687 units v/s 133265 units

GRASIM
Grasim Industries signs LLP agreement with Cleanmax to set up wind power plant in Karnataka
Total Investment is Rs 73.42 cr out of which Grasim will contribute Rs 19.09 cr for 26% stake

DEFENCE STOCKS IN FOCUS
Defence Ministry: To Introduce Import Embargo On 101 Items Beyond The Given Timeline
Embargo On Imports Planned To Be Progressively Implemented b/w 2020 & 2024
Contracts Worth `4 Lk Cr Est To Be Placed Upon Domestic Industry In 6-7 Yrs

10)Results

Amber Ent
Q1FY21, YoY
Sales down 79% to Rs 259.5 v/s Rs 1235.9 cr
EBITDA loss of Rs 5.5 cr v/s profit of Rs 116.4 cr
Loss of Rs 24.2 v/s profit of Rs 64.3 cr

Cipla Q1FY21, YoY
Net Profit Up 20.8% At 578 Cr Vs 478.2 Cr Poll 338
Revenue Up 9% At 4,346.2 Cr Vs 3,989 Cr Poll 4184
EBITDA Up 15.9% At 1,048.8 Cr Vs 904.6 Cr Poll 720
EBITDA Margin At 24.1% Vs 22.7% Poll 17.2%

Divi’s Labs Q1, YoY
Net Profit Up 80.7% At 492.1 Cr Vs 272.4 Cr
Revenue Up 48.8% At 1,730.5 Cr Vs 1,162.9 Cr 
EBITDA Up 80.9% At 700.1 Cr Vs 387.1 Cr 
EBITDA Margin At 40.5% Vs 33.3% 

Bata Q1, YoY
Net Loss at Rs 100.8 Cr Vs Profit Of `100.9 Cr 
Revenue Down 84.7% to 135.1 Cr Vs 882.8 Cr
EBITDA Loss At 85.9 Cr Vs EBITDA Of 243.2 Cr

Siemens Q1FY21, YoY, Standalone
Revenue Down 58.7% At 1,319.5 Cr Vs 3,198.4 Cr 
EBITDA Loss At 9.6 Cr Vs 353.7 Cr Profit
Loss At 4.6 Cr Vs 248.1 Cr Profit 

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

12)Happy Trading

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

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