• Comments Off on PRE MARKET REPORT, MAY 28, 2021

PRE MARKET REPORT, MAY 28, 2021

  • US markets closed higher
  • Asian markets trading higher
  • SGX Nifty indicating a gap-up of around 70 points
  • FIIs net sold shares worth Rs 660.90 crore, DIIs net bought shares worth Rs 112.38 crore
  • FIIs long position in index is at 88% and we are almost at all time high so need to be very watchful
  • SBI has become the new favourite of markets need to see how it sustains above 420
  • Max OI added – 15300PE /15700 CE
  • Nifty future may trade between 15,320 to 15520
  • Today is the 1st day of June series and Monday being holiday in US markets expecting low volume as people might not be willing to carry positions