• Comments Off on PRE MARKET REPORT, JAN 12, 2022

PRE MARKET REPORT, JAN 12, 2022

  • US Markets closed higher with Nasdaq leading the gains
  • Asian markets trading higher
  • SGX Nifty indicating gap-up of 130 points
  • FIIs net bought shares worth Rs 111.91 crore while DIIs net purchased shares worth Rs 378.74 crore
  • Infosys, TCS and Wipro to declare numbers post market hours markets will react tomorrow
  • From tomorrow, focus will shift to big Banking earnings, HDFC Bank numbers on Saturday
  • Looking at OI 18,200 to 18,500 has huge call writing indicating stiff resistance
  • Nifty all set to open around 18.200 levels need to see how call writers react if the gap-up gets sustained nice short covering rally possible
  • Today’s focus on IT biggies ahead of earnings
  • Nifty Put Call ratio down from 1.44 to 1.35