Pre-market analysis

1)Nifty closed at 13466.30  up 1.03% and banknifty closed at 29625.95 up 0.58%

2)Global market closed mixed yesterday.

3)Today, US and Europe futures are trading negative and asian markets are trading mixed and sgx nifty future is trading at 13435.75 down 0.05%

4) We may open flat or gap down of around 30-50 pts and follow global futures as the day progresses.

5)Support and resistance for nifty and banknifty
6)Nifty option pain is at 13500 and banknifty option pain is at 29700.

7)Nifty may trade between 13000 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 

INFOSYS 
Announced an IT infrastructure transformation deal with Daimler AG
Daimler’s IT infra team in Germany, wider Europe, US and APAC region will transition to Infosys. 

WIPRO 
Announces Strategic Digital & IT Deal with German wholesaler Metro AG
Estimated deal value is ~$700 million over 5 years 
Deal size can be extended to $1b With the intention to extend up to four additional years

ZENSAR TECHNOLOGIES
Zensar selected by NFU Mutual, UK as a strategic tech and digital services partner

JUBILANT FOODWORKS
Introduces "The Unthinkable Pizza", India's first plant protein based product
Made entirely from plant based proteins
100% vegetarian and yet has the sensory properties of chicken
Pizza will be available at Restaurants across Delhi NCR, Mumbai, Bangalore

BAJAJ AUTO
To commence production in 2023
To manufacture high end KTM , Husqvarna and Triumph motorcycles
To also manufacture electric vehicles starting with Chetak
Doing this to take advantage of PLI scheme

FINE ORGANICS
Maharashtra Pollution Control Board gives notice for closure of operations at Thane Factory
Notice due to violation of air and water pollution acts

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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