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Showing posts from September, 2020

Pre-market analysis

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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...

Pre-market analysis

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1)Nifty closed at 11222.40 down 0.05% and banknifty closed at 21411.30 down 1.17%. 2)Global markets closed negative yesterday. 3)Today, US and Europe futures are trading negative and asian markets are trading mixed and sgx nifty future is trading at 11257 up 0.12%. 4) We may open flat or gap up of around 30-50 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 General Atlantic Invests 3675cr for 0.84% Stake In Reliance Retail Investment values Reliance Retail at a pre-money equity value of ₹ 4.285 lakh crore.  Welspun Corp  Receives Orders Wor...

Pre-market analysis

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1)Nifty closed at 11227.55 up 1.60% and banknifty closed at 21665.50 up 3.26%. 2)Global markets closed positive yesterday. 3)Today, US and Europe futures are trading positive and asian markets are trading mixed and sgx nifty future is trading at 11266 up 0.17%. 4) We may open gap up of around 50-70 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 11150 and banknifty option pain is at 21500. 7)Nifty may trade between  11000  and  11500  and banknifty may trade between  21000  and  23000  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 ALKEM LABS Gets US FDA Nod For Multiple Sclerosis Drug, Dimethyl Fumarate Capsule SRF DGTR initiates Anti Dumping probe on R32 imports from China SRF Ltd approached DGTR on dumping of HFC Component R32 R32 is...

Pre-market analysis

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1)Nifty closed at 11050.25 and banknifty closed at 20982.35. 2)Global markets closed positive on friday. 3)Today, US and Europe futures are trading positive and asian markets are trading positive and sgx nifty future is trading at 11077.50 up 0.34%. 4) We may open gap up of around 50-70 pts and follow global futures as the day progresses. as expected theere was huge shortcovering rally on friday and we closed above 11k.Today being important day for banknifty sc verdict, day will be volatile,for our upward journey towards 11500-11800,bnf needs to support. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 11000 and banknifty option pain is at 20900. 7)Nifty may trade between  10800  and  11500  and banknifty may trade between  20500  and  21500  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 ...

Pre-market analysis

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1)Nifty closed at 10805.55 down 2.93% and banknifty closed at 20456.85 down 3.41%. 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 10908.00 up 0.58%. 4) We may open gap up of around 70-100 pts and follow global futures as the day progresses.10800 is not broken yesterday,and we need positive close today,wild swings in global market,dow from -300 to +300 and then closing in +50 so market will remain volatile with wild swings,for bulls , we will not break 10800 till dow futures are positive,we need to.out perform today.many stocks are oversold so shortcovering is due. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 10950 and banknifty option pain is at 20800. 7)Nifty may trade between  10500  and  11000  and banknifty may trade between  20500  and  21500  for this week.this are ve...

Pre-market analysis

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1)Nifty closed at 11131.85 down 0.20% and banknifty closed at 21178.50 up 0.19%. 2)Global markets closed negative yesterday. 3)Today, US and Europe futures are trading mixed and asian markets are trading mixed and sgx nifty future is trading at 11005 down 1.16%. 4) We may open gap down of around 70-90 pts and follow global futures as the day progresses.11k wl be good support for nifty. Hopes for bulls till support is not broken,if dow futures slides more today then 10800 will be next support and this should not broken. 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  23000  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   Good Bye September  NIFT...

Pre-market analysis

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1)Nifty closed at 11153.65 down 0.86% and banknifty closed at 21139.10 down 1.07%. 2)Global markets closed positive yesterday. 3)Today, US and Europe futures are trading positive and asian markets are trading mixed and sgx nifty future is trading at 11161.00 up 0.01%. 4) We may open flat or gap up of around 30-50 pts and follow global futures as the day progresses.11k wl be good support for nifty. Hopes for bulls till support is not broken. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 11250 and banknifty option pain is at 21500. 7)Nifty may trade between  11000  and  11500  and banknifty may trade between  21000  and  23000  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   Reliance Ind. Jio unleashes post-paid plans Plans are for Rs 399, 599, 799, 999, 1499 New  packs provide...

Pre-market analysis

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1)Nifty closed at 11250.55 down 2.21% and banknifty closed at 21366.80 down 3.02%. 2)Global markets closed negative yesterday.Nasdaq almost recovered. Our fall was due to global market. 3)Today, US and Europe futures are trading flat to negative and asian markets are trading mixed and sgx nifty future is trading at 11278.50 up 0.31%. Nifty and banknifty are in crucial levels now,we have bounced from this levels(50 sma) previously,next support would be 11k mark. 4) We may open flat or gap up of around 50-70 pts and follow global futures as the day progresses. Today will be very volatile day,wild swings were seen on friday last hour in our markets.expecting shortcovering rally in nifty bank this week. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at11,400 and banknifty option pain is at 22000. 7)Nifty may trade between  11200  and  11500  and banknifty may trade between  21000  and  22500  for this w...

Pre-market analysis

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1)Nifty closed at 11504.95 down 0.10% and banknifty closed at 22031.05 down 1.30%. 2)Global markets closed negative on friday. 3)Today, US and Europe futures are trading flat to positive and asian markets are trading mixed and sgx nifty future is trading at 11476 down 0.37%. 4) We may open flat or gap up of around 20-30 pts and follow global futures as the day progresses. Today will be very volatile day,wild swings were seen on friday last hour in our markets.expecting shortcovering rally in nifty bank this week. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at11,500 and banknifty option pain is at 22400. 7)Nifty may trade between  11200  and  11700  and banknifty may trade between  21500  and  23000  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 ROUTE MOBILE Issue Price : Rs 350 per shar...

CAMS IPO, Bumper Listing ???

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About the Company 1. Computer Age Management Services (CAMS) Ltd is a technology-driven financial infrastructure and service provider.  2. It is India's largest registrar and transfer agent of mutual funds.  3. As per the Crisil Nov 2019 report, it has a 69.4% mutual fund aggregate market share. Business Areas - CAMS currently provides technology-based services including dividend processing, transaction origination interface, payment, transaction execution, dividend processing, intermediary empanelment, report generation, investor interface, settlement and reconciliation, compliance-related services, and brokerage computation. - The company provides services in the area of electronic payment collections services business, insurance services business, alternative investment funds services business, banking, and non- banking services business, KYC registration agency business, and software solutions business. CAMS has a wide network comprising 25 states, 278 service centers, and...

CHEMCON IPO : Apply or Not ????

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  About the Company 1. Incorporated in 1988, Chemcon Speciality Chemicals Ltd is a manufacturer of specialized chemical products i.e. HMDS and CMIC 2. Chemcon Chemicals is a leading manufacturer of Pharmaceutical chemicals and generates maximum revenue from this particular segment Business Expertise - Oilfield chemicals (Calcium Bromide, Sodium Bromide, and Zinc Bromide) - Pharma intermediates, Silanes, and chemicals contract manufacturing work - It exports products to global markets covering the US, Germany, Italy, South Korea, Japan, the United Arab Emirates, Serbia, Russia, Spain, Thailand and Malaysia - Hetero Labs Limited, Laurus Labs Ltd, Aurobindo Pharma Ltd, Lantech Pharmaceuticals Ltd, Macleods Pharma Ltd are the key customers of its Pharma chemical business - Shree Radha Overseas, Universal Drilling Fluids, Water Systems Speciality are some of the clients of its oilfield chemicals segment. - KamalKumar Rajendra Aggarwal, Navdeep Naresh Goyal, and Shubharangana Goyal are t...

Pre-market analysis

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1)Nifty closed at 11561 down 0.76% and banknifty closed at 22320.35 down 1.12%. 2)Global markets closed negative yesterday. 3)Today, US and Europe futures are trading negative to flat and asian markets are trading negative to flat and sgx nifty future is trading at 11539.00 up 0.10%. 4) We may open flat or gap up of around 20-30 pts and follow global futures as the day progresses. Today will be very volatile day,wild swings were seen yesterday in global markets. Today may be day belong to banks,expecting shortcovering nifty bank and once again nifty pharma will be in action. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 11,500 and banknifty option pain is at 22500. 7)Nifty may trade between  11200  and  11700  and banknifty may trade between  22000  and  23000  for this week.this are very strong support and resistances as per oi chain. 8)Results today No result announcement o...

Pre-market analysis

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1)Nifty closed at 11604.55 up 0.72% and banknifty closed at 22573.55 up 0.48%. 2)Global markets closed mixed yesterday. 3)Today, US and Europe futures are trading negative and asian markets opened negative and sgx nifty future is trading at 11494.50 down 0.94%. 4) We may open gap down of around 100-130 pts and follow global futures as the day progresses. Today being expiry market will be very volatile. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 11,550 and banknifty option pain is at 22500. 7)Nifty may trade between  11200  and  11700  and banknifty may trade between  22000  and  23000  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 Happiest Minds to list Today issue price 166/sh  Issue was subscribed 151x Chatter on the street listing could be at a premium of...

Pre-market analysis

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1)Nifty closed at 11521.80 up 0.71% and banknifty closed at 22465.65 up 1.65%. 2)Global markets closed positive yesterday. 3)Today, US and Europe futures are trading positive and asian markets opened positive and sgx nifty future is trading at 11496.50 down 0.30%. 4) We may open flat or gap up of around 20-40 pts and follow global futures as the day progresses. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 11,500 and banknifty option pain is at 22500. 7)Nifty may trade between  11200  and  11700  and banknifty may trade between  22000  and  23000  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. AURO PHARMA Aurobindo Pharma & CSIR Collaborate To Develop COVID-19 Vaccine Aurobindo will undertake clinical development and commercialization of the vaccines MCX  W...