Pre-market at a glance

1. Previous day Nifty spot closed at 11215.45
2. Previous day Nifty futures closed at 11217.35
3. Previous day Bank Nifty spot closed at 23083.90
4. Previous day Bank Nifty futures closed at 23110
5.  At 8:00 AM SGX Nifty is 0.50% down
6. At 8:00 AM Dow futures is flat after overnight sharp fall
7. At 8:00 AM Comex gold is 1885
8. Metals should be watched, specially steel stocks for the next few weeks
9. Bank Nifty monthly CE 23000 should be watched ahead of ICICI numbers tomorrow
10. As mentioned in previous blog about Dollar Index, it has breached important level and is slowly coming downside, which is overall positive for commodities
11. USDINR still holds 74 as mentioned previously
12. Nifty monthly CE 11300 should be watched
13. Euro currency at an inflection point after an under performance of 12 years, it has highest weightage in dollar index
14. China may announce something regarding closure of US consulate
15. Major results for today are Asian Paints, ITC, JSW Steel, Zee Entertainment

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