Pre-market analysis

1)Nifty closed at 14433.70  down 1.11% and banknifty closed at 32246.80 down 0.84%

2)Global market closed negative yesterday.

3)Today, US and Europe futures are trading negative and asian markets are trading negative and sgx nifty future is trading at 14425.00 down 0.25%

4) We may open 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 14500 and banknifty option pain is at 32400.

7)Nifty may trade between 14000 and 14600 and banknifty may trade between 32000 and 33000 for this week.this are very strong support and resistances as per oi chain.
 
8)Stocks in news 
 
1- HDFC BANK
2- PIRAMAL ENT
3- METROPOLIS 
4- JBM AUTO
5- ARVIND FASHIONS / GOKALDAS EXPORTS 
6- INDIGO / SPICEJET
7- L&T FINANCE HOLDINGS 
8- VEDANTA 
9- TVS ELEC. / DIXON / FERT STOCKS
10- MINDTREE / INDIAMART 

ResultsToday
Mindtree
Indiabulls Real Estate
IndiaMART InterMESH
Majesco
Rallis India
Hindustan Media Ventures
Maharashtra Scooters
Shakti Pumps
Snowman Logistics
 
Dr. Reddy's receives approval to conduct a Phase 3 clinical trial for the Sputnik V vaccine in India.

InterGlobe Aviation (Indigo) market share in December was unchanged at 53.9% compared to November 2020, while the passenger load factor in December stood at 71.5% against 74.0% in November. 

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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