Pre-market analysis
1)Nifty closed at 11440.05 down 0.21% and banknifty closed at 22101.25 down 1.68%. 2)Global markets closed positive yesterday.global market outperformed yesterday but we did not performed. 3)Today, US and Europe futures are trading positive and asian markets opened positive and sgx nifty future is trading at 11456.50 up 0.02%. 4) We may open flat or gap up of around 30-40 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 11450 and banknifty option pain is at 22400. 7)Nifty may trade between 11200 and 11600 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 Allcargo Logistic 1Q Future Enterprises 1Q ITD Cementation 1Q Jain Irrigation1Q Liberty Shoes1Q National Fertilizers 1Q Procter & Gamble Health 4Q Sterling & Wilson Solar ...