Pre-market analysis

1)Nifty closed at 11767.75 up down 1.36% and banknifty closed at 24075.45 down 1.65%.

2)Global markets closed negative yesterday.Big sell off in us markets.today us futures are positive so can see recovery in our markets or sell off will not be so brutal.

3)Today, US and Europe futures are trading positive and asian markets are trading negative and sgx nifty future is trading at 11834.00 up 0.46%

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 11750 and banknifty option pain is at 24000.

7)Nifty may trade between 11500 and 12000 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 
Bharti Airtel
Tata Motors
Amara Raja 
ICICI Pru Life
Castrol
Ceat
NAM India
Network18
TV18 Broadcast
VST Industries
KPR Mill
JM Financial
63 Moons
Accelya
Suven Lifesciences
 
9)Stocks in news

RELIANCE / BHARTI / VODAFONE
Parliamentary Standing Committee On IT To Meet On ‘India’s Preparedness For 5G’

10) F&O BAN 
New in Ban: COFORGE
Still in Ban: ESCORTS, IDEA, NATIONALUM, VEDL
Out of Bank: BHEL, CANBK, PNB

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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