Pre-market at a glance

1. Previous day Nifty spot closed at 11300.55
2. Previous day Nifty futures closed at 11299.25
3. Previous day Bank Nifty spot closed at 22105.20
4. Previous day Bank Nifty futures closed at 22129.40
5.  At 8:00 AM SGX Nifty is mild positive
6. At 8:00 AM Dow futures is slightly negative
7. At 8:00 AM Comex gold is 1950
8. At 8:00 AM Comex silver is 24.33
9. As discussed earlier Nifty monthly CE 11000 has played a major role in this rally
10. I hope you remember that I mentioned in earlier blogs that if 150-55 level of Nifty monthly CE 11000 is respected then we will be having positive bias. We have seen 11300 
11. Again repeating last day's statement that in the coming series we may see that Nifty will fall more or bank nifty will rise more
12. Qatar Investment Authority in talks to invest about $1.5B in Jio digital fibre. Reliance should be watched
13. Market participants are now looking at the US Fed's two day policy meeting, which ends on Wednesday, Dollar Index should be watched
14. USDINR still holds 74
15. Major results for today are Maruti, Bharti Airtel, TVS Motor, Bharat Forge etc 

Disclaimer:

This information is for educational purposes and is not an investment or trading recommendation nor to be representative of professional expertise. All examples and analysis are intended for educational purposes and should not be considered as specific investment or trading advice. The risk of loss in trading equities, options, futures, forex or any other financial products can be substantial. Past performance, whether actual or simulated, is not indicative of future results. By viewing this blog you agree that any decision to purchase or sell any financial product is the sole responsibility of the person initiating such a transaction. Trading Sensation is not responsible for your decisions or their consequences. This blog is for educational purposes only.