PRE MARKET REPORT, JUNE 03, 2021

  • US markets closed on higher side
  • Asian markets trading mixed
  • SGX Nifty indicating a gap-up of 78 points
  • Weekly options expiry today, new high possible
  • Huge Call writing seen at Nifty 15,650 and 15,700 Calls
  • Any move above 15,700 will force expiry related covering
  • Bank Nifty closed at high of the day, further move possible
  • IIs back on buy side in cash, net buy Rs 921 cr

Nifty/Banknifty 3 Jun 21

Nifty LTP: 15576 Gap up 2day
Rest : 15700 & 15785
Supt : 15510 & 15480
PCR: 1.62

Banknifty :35373
Rest: 35850 &36150
Supt : 35150 &34940
PCR: 0.83