PRE MARKET REPORT, MAY 13, 2022

US markets ended slightly lower after choppy session Asian markets trading higher SGX Nifty indicating gap-up opening with 150 points gain FII long exposure in futures now down to 17% Nifty closed below March closing low of 15,863 Nifty defended March intra-day low of 15,671 15,671 now becomes strict stop for any any contra longs […]

PRE MARKET REPORT, MAY 12, 2022

US markets tumble after inflation data with Nasdaq closing 3% lower Asian markets declined in early morning trades SGX Nifty indicating gap-down of over 150 points FIIs net sold worth Rs 3,609.35 crore while DIIs net bought worth Rs 4,181.20 crore FII long exposure down further from 22% to 20.8% FIIs add another 12,000 contracts[…..]

PRE MARKET REPORT, MAY 11, 2022

US markets ended higher on Tuesday Asian markets trading flat SGX Nifty indicating flat opening with 30 points cut FIIs net sold worth Rs 3,960.59 crore while DIIs net bought worth Rs 2,958.40 crore FII long exposure in Index futures is at 22% FIIs have been short since start of series Imp levels: Recent low[…..]

PRE MARKET REPORT, MAY 10, 2022

US Markets closed lower with Nasdaq falling over 4% Asian markets trading lower SGX Nifty indicating negative opening with 80 points cut FIIs net sold worth Rs 3,361.80 crore while DIIs net bought worth Rs 3,077.24 crore Looking at OI 16,500 has significant call writing indicating resistance and 16,400 as immediate resistance 16,000 has significant[…..]