• Comments Off on PRE MARKET REPORT, JUNE 24, 2021

PRE MARKET REPORT, JUNE 24, 2021

  • US Markets closed marginally lower
  • Asian markets also trading mixed
  • SGX Nifty indicating a flat start of 19 points gain
  • FIIs net bought shares worth Rs 3,156.53 crore and DIIs net purchased shares worth Rs 1,317.20
  • Nifty now has corrected to 20 DMA of 15,680, Is this start of a correction to 50 DMA of 15,100?
  • Massive Call writing at 15,700, 15,750 and 15,800 Calls yesterday
  • Put writing seen at 15,550, seen as first big support
  • Bank Nifty repeatedly halting at 20 DMA over last few days
  • Bank Nifty: 20 DMA at 35,070 and 50 DMA at 33,750