Pre-market analysis

1)Nifty closed at 12926.45  up 0.52% and banknifty closed at 29024.20 down 0.72%

2)Global market closed positive yesterday.

3)Today, US and Europe futures are trading positive and asian markets are trading flat to positive and sgx nifty future is trading at 12984.50 up 0.26%

4) We may open gap up of around 50-80 pts and follow global futures as the day progresses.

5)Support and resistance for nifty and banknifty
6)Nifty option pain is at 12800 and banknifty option pain is at 28900.

7)Nifty may trade between 12700 and 13000 and banknifty may trade between 28000 and 29500 for this week.this are very strong support and resistances as per oi chain.
 
8)Stocks in news
 
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ThyrocareTechnologies
DrLalPathLabs
MetropolisHealthcare 

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Administered as a half dose followed by a full dose atleast a month later

9)Happy Trading

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

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