Pre-market analysis

1)Nifty closed at 12874.20  up 0.74% and banknifty closed at 29181.30 up 2.05%

2)Global market closed negative on friday.

3)Today, US and Europe futures are trading negative and asian markets are trading flat to negative and sgx nifty future is trading at 12895 down 0.30%

4) We may open flat or  gap down of around 30-50 pts and follow global futures as the day progresses. We may see profit booking in banknifty and other sectors IT and pharma can perform today.

5)Support and resistance for nifty and banknifty
6)Nifty option pain is at 12800 and banknifty option pain is at 29000.

7)Nifty may trade between 12700 and 13000 and banknifty may trade between 28500 and 30000 for this week.this are very strong support and resistances as per oi chain.
 
8)Stocks in news

1-LAKSHMI VILAS BANK
2-DLF
3-AVENUE SUPERMART
4-IRCTC
5-SPICEJET / INTERGLOBE 
6-IIFL SECURITIES 
7-BANK SHARES
8-TATA STEEL
9-AJANTA PHARMA
10-HDFC LIFE 

9)Happy Trading

10)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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