Pre-market analysis

1)Nifty closed at 11642.40  down 0.24% and banknifty closed at 23900.90 down 0.79%.

2)Global market closed negative on friday.

3)Today, US and Europe futures are trading positive and asian markets are trading positive and sgx nifty future is trading at 11672.80 up 0.69%

4) We may gap up of around 80-100 pts and follow global futures as the day progresses.
Today more of heavy weight result reaction.

5)Support and resistance for nifty and banknifty
6)Nifty option pain is at 11650 and banknifty option pain is at 24000.

7)Nifty may trade between 11500 and 12000 and banknifty may trade between 23000 and 24500 for this week.this are very strong support and resistances as per oi chain.

8)Results today

HDFC Ltd
NTPC (To Consider BuyBack Too) 
Bandhan Bank 
Cadila Healthcare
Escorts
PNB
Ramco Cement
Zee Entertainment Enterprises
 
9)Stocks in news
 
LISTING 
EQUITAS Small Finance Bank To List
Muted Response: Overall 1.95x
QIB 3.91x; HNI 0.22x; Retail 2.08x
 
HEXAWARE
Will be suspended on account of voluntary delisting

Future Retail 
Asks exchanges NSE, BSE To Not Heed Amazon's View On Merger Plan

Former HDFC bank head Aditya Puri appointed as a Senior Advisor to Carlyle in Asia.
 Wills advise the Carlyle team on investment opportunities across Asia. To provide guidance on the evolving market landscape and new opportunities.


10) F&O BAN
New in Ban: None

11)Happy Trading

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

Comments

  1. Anuj SinghNovember 1, 2020 at 7:12 PM

    great summery! plz send these kind of summeries daily !

    ReplyDelete

Post a Comment

Popular posts from this blog

CAMS IPO, Bumper Listing ???

Image
About the Company 1. Computer Age Management Services (CAMS) Ltd is a technology-driven financial infrastructure and service provider.  2. It is India's largest registrar and transfer agent of mutual funds.  3. As per the Crisil Nov 2019 report, it has a 69.4% mutual fund aggregate market share. Business Areas - CAMS currently provides technology-based services including dividend processing, transaction origination interface, payment, transaction execution, dividend processing, intermediary empanelment, report generation, investor interface, settlement and reconciliation, compliance-related services, and brokerage computation. - The company provides services in the area of electronic payment collections services business, insurance services business, alternative investment funds services business, banking, and non- banking services business, KYC registration agency business, and software solutions business. CAMS has a wide network comprising 25 states, 278 service centers, and...
Read more

Equitas SFB IPO : Apply or Avoid???

Image
About The Company Equitas Small Finance Bank Ltd. (ESFB) is one of the largest SFB in India in terms of number of banking outlets Second largest SFB in India in terms of assets under management and total deposits in Fiscal 2019 Diversified Portfolio and  reduce its dependence on micro-finance business as compared to other micro-finance companies that have converted to SFBs. ESFB offers a range of banking products and services to customers with a focus on serving the financially un-served and under-served customer segments in India ESFB's distribution channels comprised 856 Banking Outlets and 322 ATMs across 17 states and union territories in India Business Areas The companies main bushiness comes from majorly following three areas : Small business loans which compromises of 41% of its business. Micro-Finance which  compromises of  23 % of its business. Vehicle loans compromise approximately 25% of the business Competitive Strengths A customer-centric organ...
Read more

CHEMCON IPO : Apply or Not ????

Image
  About the Company 1. Incorporated in 1988, Chemcon Speciality Chemicals Ltd is a manufacturer of specialized chemical products i.e. HMDS and CMIC 2. Chemcon Chemicals is a leading manufacturer of Pharmaceutical chemicals and generates maximum revenue from this particular segment Business Expertise - Oilfield chemicals (Calcium Bromide, Sodium Bromide, and Zinc Bromide) - Pharma intermediates, Silanes, and chemicals contract manufacturing work - It exports products to global markets covering the US, Germany, Italy, South Korea, Japan, the United Arab Emirates, Serbia, Russia, Spain, Thailand and Malaysia - Hetero Labs Limited, Laurus Labs Ltd, Aurobindo Pharma Ltd, Lantech Pharmaceuticals Ltd, Macleods Pharma Ltd are the key customers of its Pharma chemical business - Shree Radha Overseas, Universal Drilling Fluids, Water Systems Speciality are some of the clients of its oilfield chemicals segment. - KamalKumar Rajendra Aggarwal, Navdeep Naresh Goyal, and Shubharangana Goyal are t...
Read more