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:[…..]

PRE MARKET REPORT, JULY 01, 2021

US markets again closed at highs while tech shares took a break Asian markets trading marginally lower SGX Nifty indicating a flat opening FIIs net sold shares worth Rs 1,646.66 crore while FIIs net sold shares worth Rs 1,646.66 crore FIIs have been selling for more than 1000 cr on a daily basis US jobs[…..]

PRE MARKET REPORT, JUNE 30, 2021

US markets closed marginally higher Asian markets trading in positive territory SGX Nifty indicating positive opening by 28 points FIIs net bought shares worth Rs 116.63 crore while DIIs net purchased shares worth Rs 1,810.05 crore Index futures: FIIs unwind 13,900 longs, add 2,200 shorts Options data suggests FIIs are betting on a correction Huge[…..]