PRE MARKET REPORT, JULY 07, 2021

US Markets closed negative Asian markets are trading mixed Global cues challenging, SGX Nifty indicates weak opening Nifty saw profit taking after being 1 point away from peak Nifty might see some buying if 15,750 is respected Bank Nifty up 2.2% this week, has some momentum FII selling continues but ferocity of selling is down […]

PRE MARKET REPORT, JULY 06, 2021

SGX Nifty indicating a negative opening with 43 points cut FIIs net sold shares worth Rs 338.43 crore and DIIs net purchased shares worth Rs 645.59 crore FIIs have been selling for more than 1000 cr on a daily basis they have reduced selling Looking at OI aggressive put writing seen 15700 to 15800 levels[…..]

PRE MARKET REPORT, JULY 05, 2021

US Markets scaled new highs on Friday Asian markets trading mixed SGX Nifty indicating a gap-up opening of 100 points India VIX fell by 5.84% from 12.84 to 12.09 Chemical, Mid Cap IT and Selective Pharma stocks looks strong Looking at OI, broader trading range for Nifty 15,600 – 15,900 If market are able to[…..]

PRE MARKET REPORT, JULY 02, 2021

SGX Nifty indicating a flat start II selling at higher levels almost on a daily basis Nifty has been closing way off highs every day this week Intra-day texture has changed to Sell on rally Both Nifty and Bank Nifty seeing 20 DMA halt NIFTY: LEVELS TO TRACKCurrent 15,68020 DMA 15,75050 DMA 15,275 BANK NIFTY:[…..]