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 bourses today.
Issue price  Rs 288/sh 
Grey mkt premium at 75%

SpecialityRestaurants 
Maharashtra govt approves cut in excise license charges for restaurants to 50%
15% increase in excise renewal fee for FY20-21 waived off by Cabinet

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

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