Pre-market analysis

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 Worth  Rs 1400 Cr

Vodafone 
AGM today Shareholders likely to approve fund raising of upto 25,000 cr 

Bharti Airtel
Press conference at 1:30 PM today announcement likely to be related to enterprise biz.

NMDC
COVID-19 delays NMDC s Chhattisgarh steel plant commissioning planned this year

BPCL 
30th Sept Final day to submit bids for privatization of India's second-biggest oil refiner.
GOVT has proposed strategic disinvestment of its entire shareholding of 52.98% stake.
reports suggest ROSNEFT/ ARAMCO unlikely to bid.

INDIABULLS HSG
Co sells further stake in OakNorth Holding Ltd to TEMF Limited (a fund managed by Toscafund Asset Management) for approx ₹630 cr.
With the latest stake sale, the Company has raised a total of ₹ 1832 cr as fresh equity in Sept’20

Tamil Nadu extends lockdown till 31st OCT
INOX /PVR/ Wonderla(NEGATIVE) : theatres, amusement parks other social gathering will remain shut. 
Indian Hotels/EIH – positive: TN Hotels can open from 6am to 9pm.
INTERGLOBE /SPICEJET– Positive: Flights up  from 50 to 100

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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