Pre-market analysis

1)Nifty closed at 11971.05 up 0.31 and banknifty closed at 23874.65 up 1.63%.

2)Global markets closed negative yesterday.

3)Today, US and Europe futures are trading negative and asian markets are trading negative and sgx nifty future is trading at 11974.00 up 0.10%

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 11900 and banknifty option pain is at 23700.

7)Nifty may trade between 11700 and 12200 and banknifty may trade between 23500 and 24500 for this week.this are very strong support and resistances as per oi chain.

8)Results today
 
Mindtree / Cyient / South Indian Bank / Hathway

#Boardmeet 
Lakshmi Vilas Bank – Consider & Approve Rights Issue
Rane Brake Lining – Result + Buyback
Zodiac Clothing – Preferential Issue To Promoters

9)Stocks in news

#INFOSYS Q2FY21 - good
CC Rev  at 4% vs est of 2.5-3%
EBIT Margin 25.35% vs est of 23%
PAT up 14.4% at 4858 cr vs Rs 4233 cr - Est was 7.1% gain
Record Deal wins at $3.15b
Co ups FY21 guidance
CC rev growth seen at 2-3% from 0-2%
EBIT margins seen at 23-24% from 21-23% 

TataElxsi Q2FY21 QoQ - good
PAT up 14.5% at Rs 78.9 cr vs Rs 68.9 cr 
Rev up 7.4% at Rs 430,2 cr vs Rs 400.5 cr 
EBIT at 27.45% vs 23.15%
Margins at 9 qtr high  

NESCO 
Maharashtra Govt Issues Fresh Unlock Guidelines In The State
B2B Exhibitions Allowed To  Open From October 15

PVR/INOX Unlock 5.0
 Cinemas Will Open  Doors Today 
Guidelines – 50% Seating, No Food, Staggered Show Timings, etc
Will open in  : Delhi, MP, UP, Haryana, J&K, Karnataka , Tamil Nadu 
Remain Shut : Maharashtra, Gujrat, Northeast , Rajasthan

11)Happy Trading

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

Comments

Post a Comment

Popular posts from this blog

Trading Strategies Series Part 6

Image
Combo Supertrend along with RSI Today we will be discussing how Combo SuperTrend along with RSI can help us trade accurate intraday trades with more efficiency. Supertrend Indicator - As the name suggests, ‘Supertrend’ is a trend-following indicator -  The indicator is easy to use and gives an accurate reading about an ongoing trend. - A ‘Supertrend’ also acts as a strong support or resistance and it also provides a trailing stop loss for the existing trade. In a ‘buy’ signal, any dip towards the indicator can also be used as a buying opportunity and vice versa - Works well in a trending market RSI  - The relative strength index (RSI) is a momentum indicator - Measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock Indicator Settings We will need three supertrend along with RSI 1. Supertrend(9,2) 2. Supertrend(10,3) 3. Supertrend(14,3) 4. RSI default 14 or 7 Candle Time Frame : 5 Min Long Entry Strategy -  RSI a...
Read more

Pre-market analysis

Image
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 ...
Read more

Pre-market analysis

Image
1)Nifty closed at 13355.75  up 0.73% and banknifty closed at 30211.55 up 0.53% 2)Global market closed positive yesterday. 3)Today, US and Europe futures are trading negative and asian markets are trading negative and sgx nifty future is trading at 13414 up 0.24% 4) We may open flat or gap down of around 50-80 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 13250 and banknifty option pain is at 30000. 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- CANARA BANK 2- RIL / BHARTI AIRTEL / TELCO EQUIPMENT  3- GOA CARBON 4- JET AIRWAYS 5- TITAN 6- TATA MOTORS / TATA MOTORS DVR 7- TATA POWER 8- LAURUS LAB / ALKEM / AUROBINDO 9- HOEC 10- TRENT 10)Follow our telegram channel 'Optionstraders' for ...
Read more