PRE MARKET REPORT, JULY 13, 2021

  • US Markets – Nasdaq and the S&P 500 hitting record highs
  • Asian markets trading higher
  • SGX Nifty indicating a gap-up of over 100 points
  • Call writers have been aggressive, Put writers missing
  • Strike Open Int (lk) Change (lk)
  • 15,800 67.1 18
  • 15,850 36.5 18
  • 15,900 43 9.7
  • Bank Nifty has been strong, defending 20 DMA consistently
  • The big problem for market is FII selling on every rally
  • FIIs have already sold worth Rs 5,000 cr in this month
  • We need to see Call writers be punished today?