Pre-market analysis
1)Nifty closed at 11670.80 down 0.50% and banknifty closed at 24092.00 down 0.58%. 2)Global market closed positive yesterday. today again will be volatile day with profit booking and short covering in some highly overbought and over sold scrips. 3)Today, US and Europe futures are trading negative and asian markets are trading negative and sgx nifty future is trading at 11637.80 down 0.28% 4) We may open flat or gap down 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 11700 and banknifty option pain is at 24000. 7)Nifty may trade between 11500 and 1200 0 and banknifty may trade between 23500 and 25000 for this week.this are very strong support and resistances as per oi chain. 8)Results today Reliance Industries IndusInd Bank IOC UPL DLF JSPL Max Financial Services Deepak Nitrite Dixon Tech LT Foods Dhanuka Agri Just Dial S...