• Comments Off on PRE MARKET REPORT, APR 28, 2022

PRE MARKET REPORT, APR 28, 2022

  • US Markets closed marginally higher following a steep fall on Tuesday
  • Asian markets mostly trading higher
  • SGX Nifty indicating flat start with 20 points gain
  • FIIs net sold worth Rs 4,064.54 crore while DIIs net bought worth Rs 1,917.51 crore
  • Monthly expiry today markets likely to be volatile
  • Looking at OI 17,000 has highest put OI indicating immediate support
  • 17,100/200/300 has call OI indicating resistance at every 100 points
  • Last week low of 16,824 remains crucial level or any breakdown move
  • Bank Nifty has spent quite sometime at 36,000 level any breakout or breakdown is imminent now
  • Bank Nifty needs to travel above 36,233 for any up move
  • Nifty PCR 0.91