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-investors Rs 9,375 cr for a 2.13%stake 

Domestic Gas Price Set At $1.79/mmbtu For The Period Of October-March (25% cut)            
Domestic Price Ceiling For H1 Of FY21 Was At $2.39/mmbtu 
Positive for 
NTPC/TATA POWER/TORRENT POWER/GMR /GVK
FERTLISER/Ceramics /IGL/MGL/ADANI GAS

Domestic Gas Price Set At $1.79/mmbtu vs $2.39/mmbtu (25% cut)For The Period Of October-March             
Deepwater Gas Price Ceiling Set At $4.6/mmbtu vs $5.61/mmbtu(28% cut)  For October-March 
Negative for OIL ,ongc

UNLOCK 5.0 – INOX/PVR/MUKTA/UFO movies
Centre allows Cinemas, Theatres, Multiplexes Permitted With 50% Seating From Oct 15            
UNLOCK 5.0-Maharashtra says Cinema Halls To Remain Closed 

UNLOCK 5.0 - MAHARASHTRA 
Hotels/Food Courts/Restaurants Etc Can Operate Fm Oct 5 W/Capacity Not Above 50%
Positive for 
JUBILANT /WESTLIFE DEV /Specialty restaurants/ Tata consumer /Indianhotel/EIH/Lemon Tree/Kamat

Lupin Launches ‘Lapatinib,’ Generic Of Tykerb Tablets In US after partner NATCO recives USFDA nod for its ANDA filing for this drug.
Medicine is used for Breast cancer cure 
US Mkt of $61M
Positive for LUPIN & NATCO Pharma

PNB: declares ₹1,203-cr loan to Sintex Industries as fraud
Alert : Other bankers to Sintex include Bank of Baroda, Canara Bank, Punjab and Sind Bank and Bank of India

LISTING TODAY 
Chemcon Speciality Chemicals: 
Issue price at Rs 340 per share.
Expected listing at 680-730-- Grey market signs

CAMS Services: 
Issue price fixed at Rs 1,230 per share.
Listing at 29-35% premium expected –ie 1550-1650-- Grey markets signs


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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