OptionsTrading

1)Nifty closed at 11022.20 up 1.11% and banknifty closed at 22321.85 up 1.62%. 2)Global markets closed mixed yesterday. 3)Today, US and Europe futures are trading flat to positive and asian markets opened in green and sgx nifty is trading at 11114 up 0.84%. 4) We may open gap up of around 100-120 pts and follow global futures as the day progresses. We are already above 11k mark now. This week still will be key as most of heavy results are dhe this week. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 10900 and banknifty option pain is at 22000. 7)Nifty may trade between  10800  and  11200  and banknifty may trade between  22000  and  23000  for this week.this are very strong support and resistances as per oi chain. 8)Results today and important events. 9)Stocks in news. MAJESCO To sell its US Business to PE Firm for $ 594 Million – at a 72% premium Majesco to get Rs...

) Nifty spot closed at 9580.30 on friday while nifty future closed at 9482.25. 2)Banknifty spot closed at 19297.25 on friday while Banknifty future closed at 19297.25. 3)Global markets-Us markets closed flat on friday. 4)Today asian markets are trading higher while us and europe futures are trading flat and sgx nifty is trading higher at spot level-9643 +129 pts at 7.00am. 5)We may open in green with 140-150pts gap-up. 6)sgx is trading higher as due to reports of lockdown,as now slowly and steadily economy has been started from today and globals futures are also recovering. 7)Globally,Trump has said to close all the ties with WHO but did not give any comments on china.so us markets which was trading lower levels due to this, closed flat,as there was no comments on china. 8)Also today cabinet meeting is expected which is source based news ,after gap up ,market will mostly trade sideways.and then if any decision in cabinet will be impacted on stock market. 9)Nifty spot support and resist...