• Comments Off on PRE MARKET REPORT, APR 06, 2022

PRE MARKET REPORT, APR 06, 2022

  • US Markets closed lower on Tuesday with Nasdaq ending 2% lower
  • Asian markets trading lower following overnight cues from US markets
  • SGX Nifty indicating gap-down opening with 150 points cut
  • FIIs net bought worth Rs 374.89 crore while DIIs net bought worth Rs 105.42 crore
  • Looking at OI max put build up at 18,000 with Nifty set to open below 17,900 put writers would look to cover
  • Next support base is at 17,700 any close below 17,600 would open doors for further fall
  • Bank Nifty has strong support around 200 DMA at 36,800
  • Nifty PCR 1.06