Pre-market analysis
1)Nifty closed at 11642.40 down 0.24% and banknifty closed at 23900.90 down 0.79%. 2)Global market closed negative on friday. 3)Today, US and Europe futures are trading positive and asian markets are trading positive and sgx nifty future is trading at 11672.80 up 0.69% 4) We may gap up of around 80-100 pts and follow global futures as the day progresses. Today more of heavy weight result reaction. 5)Support and resistance for nifty and banknifty 6)Nifty option pain is at 11650 and banknifty option pain is at 24000. 7)Nifty may trade between 11500 and 1200 0 and banknifty may trade between 23000 and 24500 for this week.this are very strong support and resistances as per oi chain. 8)Results today HDFC Ltd NTPC (To Consider BuyBack Too) Bandhan Bank Cadila Healthcare Escorts PNB Ramco Cement Zee Entertainment Enterprises 9)Stocks in news LISTING EQUITAS Small Finance Bank To List Muted R...