Pre-market at a glance

 

1. Previous day Nifty spot closed at 11214.05
2. Previous day Nifty futures closed at 11229.10
3. Previous day Bank Nifty spot closed at 21754
4. Previous day Bank Nifty futures closed at 21795.25
5.  At 8:00 AM SGX Nifty is 0.20% down
6. At 8:00 AM Dow futures is 0.20% up
7. At 8:00 AM Comex gold is 2027.50
8. At 8:00 AM Comex silver is 28.06
9. On Friday Dollar Index bounced back, hence there were pull backs across commodities, specially metals and precious metals
10. Need to see the emerging market performance now
11. Nifty should breach 11100-300 zone for fresh momentum
12. Expecting volatility to rise further this week
13. Bank Nifty needs to cross and close above 22000 to negate weakness
14. Today there will be AGR case at 2:00 pm, very important for banks
15. USDINR should be watched, though still way higher than our marked level

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.