Pre-market Anlysis
1)Nifty closed at 10383.00 up 0.91% and banknifty closed at 21592.05 up 0.47%. 2)Friday, most of global markets ended in deep red. 3)Today, US and Europe futures are trading flat to negative and asian markets opened in red and sgx nifty is trading at 10251.00 down 0.86% 4) We may open gap down of around 130-140 pts and follow global futures as the day progresses. 5)Support and resistance for Nifty and Banknifty for intraday. 6)Nifty option pain is at 10300 and banknifty option pain is at 21500. 7)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. 8)Results today. Bharat Dynamics Ltd Bharat Electronics Ltd Bharat Forge Ltd CESC Ltd Force Motors Ltd GMR Infrastructure Ltd Gujarat Fluorochemicals Ltd Hindustan Copper Ltd Jai Corp Ltd Jammu and...