PRE MARKET REPORT, JULY 01, 2021

  • US markets again closed at highs while tech shares took a break
  • Asian markets trading marginally lower
  • SGX Nifty indicating a flat opening
  • FIIs net sold shares worth Rs 1,646.66 crore while FIIs net sold shares worth Rs 1,646.66 crore
  • FIIs have been selling for more than 1000 cr on a daily basis
  • US jobs data to released later today
  • Today is weekly expiry so expiry related move will make markets volatile
  • Nifty future may take support at15680 and resistance may come around yday high
  • Auto stocks will be in focus keep a watch on Hero Motor any dips will be a good buy oppurtunity

Nifty/Banknifty for 1 July 1

Nifty : 15721
Resist : 15820 & 15850
Supt: 15660 & 15630
PCR: 1.29

Banknifty : 34772
Resist: 35100 & 35215
Supt : 34500 & 34400
PCR: 0.95