Pre-market analysis
1)Nifty closed at 11247.55 up 0.22% and banknifty closed at 21451.80 up 0.19%. 2)Global markets closed positive yesterday. 3)Today, US and Europe futures are trading positive and asian markets are trading positive and sgx nifty future is trading at 11357 up 0.92%. 4) We may open gap up of around 120-140 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 11200 and banknifty option pain is at 21400. 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 No result announcement of any important company. 9)Stocks in news RIL Silver Lake's co investors pick up additional stake in Reliance retail Invest 1875cr at Pre money Equity value of 4.28 lk cr vs earlier 4.21lk cr combined investment by Silver Lake & co-inv...