PRE MARKET REPORT, JULY 22, 2021

US markets closed higher for second consecutive day Asian markets trading higher SGX Nifty indicating a gap-up of 125 points FIIs net sold shares worth Rs 2,834.96 crore while DIIs net purchased shares worth Rs 873.14 crore FIIs have been selling consistently for last two months in a way its good for the market and […]

PRE MARKET REPORT, JULY 20, 2021

SGX Nifty indicating a negative start with 25 points cut Global markets still going through a risk off phase Nifty has seen strong support at 15,600-15,650 levels needs to be watched very closely FIIs sell big in cash, net sell Rs 2,199 cr yesterday Index futures: FIIs unwind 19,400 longs, add 6,900 shorts Bank Nifty[…..]

PRE MARKET REPORT, JULY 19, 2021

SGX Nifty indicating a gap-down of 200 points FIIs are keep selling on a daily basis Nifty facing stiff resistance around 16k levels Looking at OI 15900 put option had huge OI as of Friday now markets are opening 15700 and below they will have to run for cover HDFC Bank results could be a[…..]

PRE MARKET REPORT, JULY 16, 2021

US markets fell yesterday Asian markets trading in negative territory SGX Nifty indicating a positive start with with 30 points gain FIIs net sold shares worth Rs 264.77 crore while DIIs net purchased shares worth Rs 439.41 crore Local cues in terms of corporate results are looking good Currently Tech stocks are leading the markets[…..]