PRE MARKET REPORT, APRIL 26, 2021

  • US markets closed higher on Friday, Asian markets are mostly higher
  • On Friday, Nifty came under selling pressure from intraday high and Nifty fell nearly 200 points from high
  • FIIs have sold for more than Rs 1300 crores in Cash market, This is the fourth consecutive day of huge selling by FII
  • SGX Nifty is higher, trading above 14400
  • Today ICICI Bank will react to its number
  • Reliance has declared the date for results, that is coming Friday
  • FIis open interest indicates more Call buying than Put buying
  • Nifty future may trade between 14280 and 14480

Nifty/Banknifty for 26 April 21

Nifty : 14341 A Gap up 2day
Rest: 14475 & 14575
Sup: 14250 & 14150
PCR: 1.08

Banknifty : 31722
Rest: 32115 & 32495
Sup: 31450 & 31220
PCR: 1.05