Pre-market analysis

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 unlimited voice, video calls
Free subscription to Netflix, Amazon Prime, Disney+Hotstar 
75GB plan at Rs 399 
150 GB plan at 799 

TATA Group stocks
Shapoorji Palonji Group states its time to separate from the Tata Gropu
Shapoorji Palonji is the largest shareholder of Tata Group with 18.37% stake

RelianceRetail
KKR to invest ₹ 5,550 Cr in Reliance Retail Ventures
KKR’s second investment with RIL 

NBFC-MFIs' loan disbursement drops 96 pc to Rs 570 cr in June quarter

-Sebi enhances IL&FS case penalty on ICRA, CARE, and IndRa to Rs 1 crore

Cadila Healthcare
on Tuesday announced that CRISIL has, after due deliberations, reaffirmed its rating of “CRISIL A1+” on the Rs1,300cr Commercial Paper of the company.

Linde
India has sought an extension from CCI for gas supply agreement up to Nov. 2021. This agreement extension has been made as the proposed divestment of company’s Biloxi divestment business

10)Results
No results update

11)Happy Trading

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

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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 ...
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