PRE MARKET REPORT, APRIL 16, 2021

  • US markets closed at another record high
  • But Asian markets are mixed
  • SGX Nifty is slightly lower
  • WIPRO ADR is up 7.5%, After huge profit booking, TCS recovered yesterday
  • Except Infosys, all other IT stocks are doing wel
  • HDFC Bank this Saturday and ICICI Bank next Saturday results.
  • In weekly options, 14000PE added huge OI and 15000CE also
  • Nifty future may trade between 14520 and 14720

Nifty/Banknifty16 April 21

Nifty : 14581
Rest: 14710 & 14845
Sup: 14400 & 14325
PRR: 0.91

Banknifty : 32112
Rest: 32715 & 33100
Sup: 31435