• Comments Off on PRE MARKET REPORT, APR 04, 2022

PRE MARKET REPORT, APR 04, 2022

  • US markets closed marginally higher on Friday
  • Asian markets trading flat
  • SGX Nifty indicating flat start with 30 points cut
  • FIIs net bought worth Rs 1,909.78 crore while DIIs net sold worth Rs 183.79 crore
  • Record high GST collections, strong update from HDFC Bk
  • Nifty has broken the congestion zone of 17,000-17,500 on the higher side
  • Looking at OI heavy put writing at 17,500 making it strong immediate support
  • Bank Nifty earlier 200 DMA of 36,700 should now act as support
  • Nifty uptrend negates only below 17,200
  • Nifty PCR 1.30