• Comments Off on PRE MARKET REPORT, APR 26, 2022

PRE MARKET REPORT, APR 26, 2022

  • US Markets closed higher with Nasdaq closing 1% higher
  • Asian markets trading mixed
  • SGX Nifty indicating positive start with 100 points gain
  • FIIs net sold worth Rs 3,302.85 crore while DIIs net bought worth Rs 1,870.45 crore
  • Looking at OI 17,200 has significant call OI indicating stiff resistance around these levels
  • Nifty needs to trade above congestion zone of 17,150 for any meaningful rally upwards
  • Bank Nifty needs to hold above 36,252 for a move towards 36,500/750
  • Bank Nifty 200 DMA around 36,200
  • Nifty PCR 0.83