PRE MARKET REPORT, MAR 31, 2022

  • US Markets fell on Wednesday
  • Asian markets trading mixed
  • SGX Nifty indicating flat opening with 30 points gain
  • FIIs net bought worth 1,357 cr while DIIs net bought worth 1,216 cr
  • Monthly expiry today
  • Big unwinding seen in 17,300-17,500 Calls
  • 17,500 Call has highest OI any move above will make call writers run for cover
  • 17,600 -800 will be last major resistance zone
  • Bank Nifty still in sight to test 200 DMA around 36,700
  • Nifty PCR 1.17