Pre-market analysis

1)Nifty closed at 11738.85 up 0.66% and banknifty closed at 22964.80 up 0.49%.

2)Global markets closed huge positive yesterday.

3)Today, US and Europe futures are trading positive and asian markets are trading positive and sgx nifty future is trading at 11828.00 up 0.23
4%.

4) We may open gap up of around 40-60 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 22800.

7)Nifty may trade between 11600 and 12000 and banknifty may trade between 22000 and 23500 for this week.this are very strong support and resistances as per oi chain.

8)Results today
No major results today

9)Stocks in news

Tcs
Excellent result with good commentary

WIPRO
To consider buyback along with results on 13th (Next Week Tuesday) 
 Wipro ADR up 4.4% In Trade Post Announcement

LIFE INSURANCE
September APE (YoY) – Annual Premium Equivalent
HDFC Life = Up 43.2%
Max Life = Up 16.3%
SBI Life = Dn 4.4%
ICICI Pru Life = Dn 23.9%
LIC = Up 30.1

INFOSYS
Announces Automated Data Science Platform to Support Public Health Agencies

DR REDDYS
Gets US FDA Nod For Icatibant Acetate Injectable & Ephedrine Sulphate Solution

PVR / INOX
Delhi Govt Allows Cinema Halls To Reopen As Per MHA Guidelines From Oct 15
 
PVR
Crisil revises outlook to Negative from 'Rating Watch with Negative Implications'

ZEE ENTERTAINMENT ENTERPRISES
Insider Trading Violation By Manish Chokhani, Independent Director

11)Happy Trading

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

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