PRE MARKET REPORT, JUNE 02, 2021

  • US markets almost ended flat yesterday
  • Asian markets trading marginally higher
  • SGX Nifty indicating and negative start with 15 points cut
  • FIIs net sold shares worth Rs 449.86 crore while DIIs net bought shares worth Rs 230.49 crore
  • Key levels to watch Yesterday’s lows: 15,528 on Nifty and 35,241 on Bank Nifty
  • FII data shows Call spread, buying at 15600 Call and selling of 15700 Call
  • Bank Nifty Call spread at 35,500 and 35,800 strikes
  • Markets generally make big trending moves on Wednesday, yesterdays low in Nifty and Bank Nifty are key level to watch

Nifty/Banknifty 2 Jun 21

Nifty : 15574
Resist: 15630 & 15700
Suppt : 15500 & 15475
PCR: 1.59

Banknifty: 35337
Resist: 35850 & 36150
Suppt : 35185 & 34990
PCR: 0.82