Pre-market Analysis
1)Nifty closed at 11308.40 down 0.12% and banknifty closed at 22264.00 up 0.17%. 2)Global markets closed positive yesterday. Today being expiry,will be very volatile day. 3)Today, US and Europe futures are trading in mixed and asian markets opened mixed and sgx nifty future is trading at 11331 up 0.18%. 4) We may open gap up of around 40-50 pts and follow global futures as the day progresses,good support now stands at 11k mark with resistance at 11500. 5)Support and resistance for Nifty and Banknifty for intraday. 6)Nifty option pain is at 11300 and banknifty option pain is at 22000. 7)Nifty may trade between 11200 and 11500 and banknifty may trade between 22000 and 22500 for this week.this are very strong support and resistances as per oi chain. 8)Results today 9)Stocks in news. Britannia Company allots commercial paper of Rs 300 cr, the board will also meet on 17th Aug to consider Further f...