Pre-market analysis
1)Nifty closed at 13601.10 up 1.00% and banknifty closed at 29883.30 up 0.87% 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 13652 up 0.25% 4) We may open gap up of around 30-60 pts and follow global futures as the day progresses. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 13550 and banknifty option pain is at 29800. 7)Nifty may trade between 13200 and 13700 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 ACC / AMBUJA CEMENTS LafargeHolcim Keeps Technology & Knowhow fees at 1% for next 2 yrs vs fear of 1% hike F&O BAN New in Ban: None Still in Ban: CANBK, PNB Out of Ban: SAIL, SUNTV Listing MrsBectors Food Specialities: Company to debut on bo...