Pre-market analysis

1)Nifty closed at 13055.15  up 1% and banknifty closed at 29737.25 up 2.46%

2)Global market closed positive yesterday.

3)Today, US and Europe futures are trading positive and asian markets are trading positive and sgx nifty future is trading at 13171 up 0.72%

4) We may open gap up of around 100-130 pts and follow global futures as the day progresses.

5)Support and resistance for nifty and banknifty
6)Nifty option pain is at 12900 and banknifty option pain is at 29100.

7)Nifty may trade between 12800 and 13200 and banknifty may trade between 29000 and 30000 for this week.this are very strong support and resistances as per oi chain.
 
8)Stocks in news

1- ONGC / HOEC / OIL
2- MANNAPPURAN FIN. / MUTHOOT
3- SUN PHARMA / DR REDDY 
4- SIEMENS
5- GARDEN REACH SHIPYARD
6- UNION BANK
7- INGERSOLL RAND
8- IRB INFA
9- TRF
10- TATA CHEM

9)Happy Trading

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

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