Pre-market analysis
1)Nifty closed at 12942.85 down 0.34% and banknifty closed at 29569.35 up 0.07% 2)Global market were closed negative yesterday. 3)Today, US and Europe futures are trading positive and asian markets are trading positive and sgx nifty future is trading at 13008.80 up 0.09% 4) We may open flat or gap up of around 30-50 pts and follow global futures as the day progresses,once we may go in negative but will recover as the day progresses as global clues are strong for now. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 12950 and banknifty option pain is at 29500. 7)Nifty may trade between 12700 and 13200 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- AUTO STOCKS 2- GRANULES INDIA 3- GLENMARK / DR REDDY'S 4- UNICHEM LAB 5- INDIABULLS HF 6- INDIAN HOTELS 7- BATA INDIA 8- KESORAM IND 9- HAL 10- GA...