PRE MARKET REPORT, FEB 15, 2022

  • US Markets closed marginally lower after sharp-sell off
  • Asian markets trading lower
  • SGX Nifty indicating gap-up start with 100 points gain
  • FIIs have made a net selling of Rs 4,253.70 crore while DIIs have net bought Rs 2,170.29 crore
  • Nifty might trade between 16,800 to 17,100 till any good news or bad news from Russia-Ukraine crisis
  • Nifty closed exactly around 200 DMA of 16,840
  • Looking at 17,100/200/300 has highest call option OI indicating stiff resistance around this zone
  • 16,800/700/500 has highest put option OI indicating some support around this zone
  • Yesterday low of 16,809 is key level to watch from here on for any further fall