Pre-market analysis

1)Nifty closed at 13760.55  up 0.14% and banknifty closed at 30714.65 up 0.42%

2)Global market closed negative yesterday.

3)Today, US and Europe futures are trading mixed and asian markets are trading negative and sgx nifty future is trading at 13729 down 0.24%

4) We may open flat or  gap down 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 13700 and banknifty option pain is at 30600.

7)Nifty may trade between 13500 and 14000 and banknifty may trade between 30500 and 31000 for this week.this are very strong support and resistances as per oi chain.
 
8)Stocks in news 
Lupin  
Co gets approval to manufacture generic Welchol Tablets
Drug used to for cholesterol, diabetes
Market size $159m

ASTRAZENECA PHARMA
Company gets permission to launch drug Benralizumab in Indian market
Drug Benralizumab branded as Fasenra is used for severe asthma

EXIDE INDUSTRIES
Life Insurance Corporation Of India increased stake in company to 5.5% from 3.48% earlier

PVR
To Raise Up To Rs 800 Cr Via Equity
 
KPR MILL
To Invest Rs 500 Cr For Expansion Of Sugar Mill Ops

RIL
RIL and BP announce start of production from R Cluster block KG D6
RIL and bp are developing three deepwater gas projects in block KG D6

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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