Pre-market analysis

1)Nifty closed at 13113.75  up 0.04% and banknifty closed at 29463.15 down 1.19%

2)Global market closed positive yesterday.

3)Today, US and Europe futures are trading positive and asian markets are trading mixed and sgx nifty future is trading at 13185.75 up 0.28%

4) We may open gap up of around 50-80 pts and follow global futures as the day progresses.expecting muted expiry,second half will be very volatile. Nifty is strong as compared to banknifty.

5)Support and resistance for nifty and banknifty
6)Nifty option pain is at 13050 and banknifty option pain is at 29500.

7)Nifty may trade between 12800 and 13500 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
 
AXIS BANK 
SUUTI sold 36.25 lakh shares in open market between 26-27 November
Suuti has 12.6 Crore Shares of AXIS

BHARAT FORGE / AUTOMOTIVE AXLES / GNA AXLES 
North America November Class 8 Truck Orders
@ 52,600 Units, 3rd Highest Total Ever!!
Class 8 Truck Orders Up 31% MoM & 3x YoY

ALKEM LABORATORIES
Gets US FDA Nod For Generic Of Ranexa Drug 

SUN PHARMA
Gets US FDA Nod For Generic Of Wellbutrin XL Drug

 INTERGLOBE AVIATION
Says Operating 1,000 daily flights connecting 59 domestic & 6 international cities
Says Operating at 70% of pre-COVID capacity
 

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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