PRE MARKET REPORT - 19 JUNE, 2020

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