Pre-market analysis

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 used in Air Conditioners
SRF is Sole manufacturer in India
SRF has a capacity of 80,000TPA

VEDANTA - Schedule For Delisting 
Bid Opens On Oct 5. : Reverse Book Building For DelistingStarts On Oct 5, Closes Oct 9
Last Date For Revision/withdrawal Of bids Is Oct 8
Last Date For Announcement Of Discovered/Exit Price Is Oct 16

Anuh Pharma
Co Gets WHO Geneva Approval For Anti-malarial Pyrimcthamine APl

Embassy office park REIT /Mindspace REIT /IRB INVTs: 
SEBI provides relaxations to REITs and InvITs for preferential and institutional placement.
Equity capital can now be raised through institutional placement route two weeks after a previous such exercise.

TITAN  
Tanishq launches Pre Book and secure gold rate offer for consumers ; one can pay 25% advance towards the jewellery value.
Customers can freeze gold rate by billing it at a gold rate that is lower than the gold rate btwn advance booking date & billing date

MAZAGON DOCK IPO OPENS TODAY 
Price band of Rs 135-145 per share. 
government, to divest little over 15% via this public issue. 
Co looking to raise nearly Rs 444 crore 
Bid lot size includes 103 equity share

10)Results
No results update

11)Happy Trading

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

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