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Showing posts with the label nifty analysis

Pre-market analysis

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1)Nifty closed at 10288.90 down 0.16% and banknifty closed at 21506.15 up 0.37%. 2)What a recovery in second half yesterday,we just followed global futures,global futures recovered we recovered. There was no rocket science behind this recovery. 2)Today, US and Europe futures are trading flat to negative and asian markets opened in green and sgx nifty is trading at 10275.00. 3) We may open gap up of around 70-80 pts and follow global futures as the day progresses. 4)Support and resistance for Nifty and Banknifty  for intraday. 5)Nifty option pain is at 10300 and banknifty option pain is at 21500. 6)Nifty may trade between 10000 and 10500 and banknifty may trade between 20000 and 23000 for this week.this are very strong support and resistances as per oi chain.  7)Results and Important events today. 8)Stocks in news. Vedanta Gets Shareholder Approval To Delist Shares Of Co From NSE & BSE PNC Infratech  Gets Letter Of Ac...

Pre-market analysis

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1)Nifty closed at 9813.70 down 1.60% and banknifty closed at 19912.90 down 3.59%. 2)we fell yesterday due to global markets. 3)Today, US and Europe futures are trading higher and asian markets opened in deep green and sgx nifty is trading at 9989.50 up 1.97%. 4) We may open gap up of around 230-250 pts  and will once again follow global futures as the day progresses,day belongs to bulls till now. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 9800 and banknifty option pain is at 20000. 7)Nifty may trade between 10000 and 9500 and banknifty may trade between 21000 and 19000 for this week. 8)Results Today HPCL IPCA Laboratories NMDC Navin Fluorine International  Bank of Maharashtra  Schneider Electric Infrastructure 9)Stocks in news Midcap pharma betting on HCQ could witness profit booking as USFDA withdraws emergency use status of CQ and HCQS in COVID 19 patients Cadilla health / Ipca ( results today) ...

Pre-market analysis

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1)Nifty closed at 10167.45 up 0.25% and banknifty closed at 21187.35 up 0.73%. 2)Global market rallied yesterday and  closed higher (deep green). 3)Today, US and Europe futures are trading flat and asian markets opened in green,Sgx nifty is trading to at 10227 up 0.63% 4) We may open gap up of 80-100 pts and will once again follow global futures as the day progresses. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty option pain is at 10100 and banknifty option pain is at 21000. 7)Nifty may trade between 10000-10300 and bank nifty may trade between 20000-21500. 8)Results today - 9)Stocks in news - Emami Ltd Greenlab Organics Ltd, (Greenlab) the inoperative step down subsidiary company based at UK has been dissolved under operation of laws. Dissolution of Green lab will have no impact in the operations and financials of the Company. Coffee Day ent KOTAK MAHINDRA INVESTMENTS LIMITED sells 1,284,619 shares. RITES ltd RITES...

Pre-market analysis

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1)Nifty once again closed  higher at 10061.55 up 0.83% and banknifty closed higher at 20940.70 up 2% 2)we opened gap up but as global futures recovered, we followed them and were trading at huge gains till 3pm and then profit booking started as nifty and banknifty were overbought.Also there was news about IBC approval,which is bad for banks and nbfc. 3)Today, US and Europe futures are trading falt to negative and asian markets opened deep red. Sgx nifty is trading flat to small negative at 10081.50 4) We may open flat and trade +50 up and +50 down and will once again follow global futures as the day progresses, it is expected that there will profit booking in banking stocks in second half or in moring itself, as last half n hour bnf has lost more than 600pts. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Nifty pain level is at 10000 and banknifty pain level is at 20700. 7)Nifty may trade between 9800 and 10300 and banknifty may trade...

Pre-market analysis

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1)Nifty once again closed  higher at 9979.10 up 1.56% and banknifty closed higher at 20530.20 up 2.86%. 2)we opened with small gain but as global futures recovered, we followed them and ended up in huge gain. 3)Today, US and Europe futures are trading higher and asian markets opened with gain. Sgx nifty is trading above 10000 at 10082 up 1.04%. 4) We may open with gap up of 100-120 pts and will once again follow global futures as the day progresses. 5)Support and resistance for Nifty and Banknifty  for intraday. 6)Option pain for nifty is shifted to 9800 and option pain for banknifty is shifted to 20000. 7)Nifty may expire between 9800 and 10200 levels.both these levels will act as support and resistance as per option chain. 8)How indian adr fared on global markets yesterday. 9) Result today. 10) Stocks to watch out. Indigo - Reported quartely result after market hours. Granules india - Reported quartely result after market hours. Coromandel - Eid parry...

Pre-Market analysis

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1)Nifty and banknifty rallied yesterday due to easing of lockdown rules,as economy is restarting again which is positive for us. 2)Nifty closed at 9826.15 up 2.57% and banknifty closed at 19959.90 up 3.43%. 3)Global market futures which were trading lower after our market hours ,recovered completely ending up with small gains. 4)Us and europe futures are trading lower while asian markets are trading higher with sgx nifty trading flat to small negative. 5) We may open falt or small negative and nifty will be volatile for the day ,trading with 50p and down movement.if global market starts recovery then we may see good rally in our market too. 6)Nifty support and resistance for the day is  Banknifty support and resistance for the dat is 7)Due to yesterday rally,max pain for nifty is shifted to 9700 and banknifty has been shifted 19700. 8) Range for nifty for this week will be 9600-10200 and banknifty will be 19000-20500. 9) there was news on india's...