STOCK MARKET ANALYSIS REPORT

PRE MARKET REPORT - 24 JUNE, 2020 Global Cues:-  1. Nifty seems to be keeping up with global markets. 2. SGX Nifty seems to be positive. 10500 was tested today. Likely to break it at least once. 3. No major local announcements in the coming period. So we will tend to follow global markets. Technical Setup:- Option Chain Analysis: 1. No solid concentration at both ends. Signals sideways with positive bias 2. 10300 is very strong support now.  FII- DII Data: Conclusion: 1. 10300 is very strong support now.  2. 10500-10600 is a new resistance level. 3. Far out of the money call writing can be done with a hedge to yield decent profits for expiry

PRE MARKET REPORT - 23 JUNE, 2020 Global Cues:-  1. Nifty seems to be keeping up with global markets. 2. SGX Nifty seems to be positive. 10350 was tested today. Likely to break it at least once. 3. No major local announcements in the coming period. So we will tend to follow global markets. Technical Setup:- Option Chain Analysis: 1. No solid concentration at both ends. Signals sideways with positive bias 2. 10000 is very strong support now.  FII- DII Data: Conclusion: 1. 10000 is very strong support now.  2. 10500-10600 is a new resistance level. 3. Far out of the money call writing can be done with a hedge to yield decent profits for expiry

PRE MARKET REPORT - 22 JUNE, 2020 Global Cues:-  1. Nifty successfully closed above 10100 2. SGX Nifty seems to be positive. 3. No major local announcements in the coming period. So we will tend to follow global markets. Technical Setup:- Option Chain Analysis: 1. No solid concentration at both ends. Signals sideways. FII- DII Data: Conclusion: 1. Nifty is likely to trade between 9960 to 10350 2. If any of the above levels are breached, we might witness breakout or breakdown. 4. 10000 is immediate support followed by 9960

PRE MARKET REPORT - 19 JUNE, 2020 Global Cues:-  1. We saw some fantastic recovery. Nifty closed above 10000. 2. SGX Nifty seems to be positive. 3. No major local announcements in the coming period. So we will tend to follow global markets. Technical Setup:- Option Chain Analysis: 1. No solid concentration at both ends. Signals sideways. FII- DII Data: Conclusion: 1. Nifty is likely to trade between 9900 to 10350 2. If any of the above levels are breached, we might witness breakout or breakdown. 4. 10000 is immediate support followed by 9900

PRE MARKET REPORT - 18 JUNE, 2020 Global Cues:-  1. It was a roller-coaster day yesterday. We witnessed Nifty making a positive move till 10000, then we witnessed selling pressure, Ten again short covering. 2. SGX Nifty trading at 9817 3. No major local announcements in the coming period. So we will tend to follow global markets. Technical Setup:- Option Chain Analysis: 1. Strong Call writing at 9900, 10000 & 10200 2. Heavy put writing at 9700 followed by 9500 FII- DII Data: Conclusion: 1. Nifty is likely to trade between 9700 to 10100 2. If any of the above levels are breached, we might witness breakout or breakdown. 3.9700 is strong support followed by 9500 4. 10000 is immediate resistance followed by 10100