Pre-market at a glance

 

1. Previous day Nifty spot closed at 11521.8
2. Previous day Nifty futures closed at 11534
3. Previous day Bank Nifty spot closed at 22465.65
4. Previous day Bank Nifty futures closed at 22597
5.  At 8:00 AM SGX Nifty is 0.24% down
6. At 8:00 AM Dow futures is 0.20% up 
7. At 8:00 AM Comex gold is at 1966
8. At 8:00 AM Comex silver is at 27.44
9. Government may extend the existing anti-dumping duty on imports of axles for trailers from China. Tata Motors, AshokLey, GNA Axle, Automotive Axle should be watched
10. Nifty should hold last weeks low as of now. Monthly CE 11500 should be watched
11. Bank Nifty probable bottom in short term has formed.
12. Check ATM straddle and Monthly CE 23000 for Bank Nifty
13. There is a high possibility that Bank Nifty will rise from here
14. If Nifty goes above 11600, then a new high is highly on the card
15. USDINR 72.5-73 has formed a good base on the downside

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. 

Pre-market at a glance

1. Previous day Nifty spot closed at 11464.45
2. Previous day Nifty futures closed at 11467
3. Previous day Bank Nifty spot closed at 22479.95
4. Previous day Bank Nifty futures closed at 22575
5.  At 8:00 AM SGX Nifty is 0.23% up
6. At 8:00 AM Dow futures is 1% up 
7. At 8:00 AM Comex gold is at 1958.45
8. At 8:00 AM Comex silver is at 27.073
9. Caryle looking to invest $ 1.5-2 bn in Reliance Retail in what could be its first ever investment in retail sector
10. Nifty should hold last weeks low as of now. Monthly CE 11500 should be watched
11. Bank Nifty probable bottom in short term has formed.
12. Check ATM straddle and Monthly CE 23000 for Bank Nifty
13. After the clarification by SEBI on Sunday there should not be immediate buying in Small and Midcap
14. Key results for today are Apollo Hospital, SAIL, PVR, Futur Retail
15. USDINR 72.5-73 has formed a good base on the downside

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. 

Pre-market at a glance

 

1. Previous day Nifty spot closed at 11278
2. Previous day Nifty futures closed at 11317.75
3. Previous day Bank Nifty spot closed at 22267
4. Previous day Bank Nifty futures closed at 22375
5.  At 8:00 AM SGX Nifty is flat
6. At 8:00 AM Dow futures is flat 
7. At 8:00 AM Comex gold is at 1955
8. At 8:00 AM Comex silver is at 27.25
9. Indiabulls Housing - CMP 201.15 launcehs QIP with base size of $60 mln, floor price of Rs 206.7/ share
10. Loan moratorium verdict will be given by Supreme Court, banking and finance stocks should be tracked
11. Some important events for today are ECB President speech at 22:30 hrs and ECB interest rate decision at 17:15 hrs
12. Both Nifty and Bank Nifty will face tough resistance from higher levels
13. Nifty range is 11450-11250, still holds
14. Bank Nifty monthly CE 23000 should be watched
15. USDINR 72.5-73 is the level to watch

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.

Pre-market at a glance

 

1. Previous day Nifty spot closed at 11317.35
2. Previous day Nifty futures closed at 11302
3. Previous day Bank Nifty spot closed at 22744.40
4. Previous day Bank Nifty futures closed at 22657.45
5.  At 8:00 AM SGX Nifty is down by 0.35%
6. At 8:00 AM Dow futures is flat after overnight blood bath
7. At 8:00 AM Comex gold is at 1932
8. At 8:00 AM Comex silver is at 26.72
9. Tesla plunged 21% for its worst single day, Nasdaq was the worst hit index in US
10. Indian Cabinet approved FDI in the defence sector. Hence, stocks like HAL, BDL, BEL, BEML, MIDHANI, BHARAT FORGE, WALCHANDNAGAR, ASTRA MICROWAVE should be watched
11. Crude tanked more than 10% in the last few days. So, OMC, PAINT, AVIATION stocks should be watched
12. Nifty may open with a gap down and bounce back
13. Nifty range is 11450-11250, still holds
14. Bank Nifty monthly CE 23000 should be watched
15. USDINR 72.5-73 is the level to watch

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.

Pre-market at a glance

 

1. Previous day Nifty spot closed at 11355.05
2. Previous day Nifty futures closed at 11389.95
3. Previous day Bank Nifty spot closed at 22945.05
4. Previous day Bank Nifty futures closed at 23015
5.  At 8:00 AM SGX Nifty is down by 0.15%
6. At 8:00 AM Dow futures is up by 0.65%
7. At 8:00 AM Comex gold is at 1932
8. At 8:00 AM Comex silver is at 26.94
9. KV Kamath's restructure plan will be announced, hence, banking stocks should be tracked
10. CONCOR should be watched due to good numbers from freight loading in Indian Railways
11. Nifty and Bank Nifty will face resistance from higher levels
12. There has been firing at LAC, broader markets should be watched cautiously
13. Nifty range is 11450-11250
14. Bank Nifty monthly CE 23000 should be watched
15. USDINR 72.5-73 is the level to watch

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.

Pre-market at a glance

 

1. Previous day Nifty spot closed at 11333.85
2. Previous day Nifty futures closed at 11375
3. Previous day Bank Nifty spot closed at 23011.5
4. Previous day Bank Nifty futures closed at 23084
5.  At 8:00 AM SGX Nifty is down by 0.5%
6. At 8:00 AM Dow futures is flat 
7. At 8:00 AM Comex gold is at 1944.8
8. At 8:00 AM Comex silver is at 27.29
9. Vodafone Idea's management to address press conference for a strategic announcement at 11:45am, hence, no fear of shutting down
10. Happiest Minds Tech IPO at 165-166 rupees per share open for sale, offer to close on Sept 9
11. Auto stocks like Maruti and Asokley should be watched
12. Nifty should move inside a range of 11450-11300, either side breakout will initiate further momentum
13. Bank Nifty will face resistance from higher levels, moratorium case is still pending
14. US markets close tonight due to Labour Day 
15. USDINR 72.5-73 is the level to watch

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.

Pre-market at a glance

  

1. Previous day Nifty spot closed at 11527.45
2. Previous day Nifty futures closed at 11550.10
3. Previous day Bank Nifty spot closed at 23579.95
4. Previous day Bank Nifty futures closed at 23920.75
5.  At 8:00 AM SGX Nifty is down by more than 1%
6. At 8:00 AM Dow futures is flat after having a blood bath overnight
7. At 8:00 AM Comex gold is at 1944.30
8. At 8:00 AM Comex silver is at 26.965
9. Supreme Court adjourned the case of interest waiver to 10th Sept.
10. In Fox news it was shown that Biden is leading over Trump, hence, the market crashed
11. Nasdaq index fell more than 5%, pulled by tech stocks
12. Both WTI & Brent was down by around 2%
13. As mentioned in earlier blogs that Nifty and Bank Nifty will face tough resistance from higher levels. Accordingly it happened. We shall see more downside
14. Expect volatility to rise
15. USDINR 72.5-73 is the level to watch

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.

Pre-market at a glance

 

1. Previous day Nifty spot closed at 11535
2. Previous day Nifty futures closed at 11564.70
3. Previous day Bank Nifty spot closed at 23874.55
4. Previous day Bank Nifty futures closed at 23920.75
5.  At 8:00 AM SGX Nifty is flat
6. At 8:00 AM Dow futures is flat
7. At 8:00 AM Comex gold is at 1952
8. At 8:00 AM Comex silver is at 27.73
9. Supreme Court to continue hearing Loan moratorium matter today also
10. Keep Banks/NBFCs on radar
11. August class 8 Truck order numbers are good. Hence, Bharat Forge, RK Forgings, GNA Axle, Motherson Sumi should be tracked
12. Dollar Index rose aroung 0.5% yesterday. Better to get cautious on metal stocks for the time being
13. Nifty monthly CE 11600 & CE 12000 should be tracked for better clarity
14. Bank Nifty at higher levels should face resistance
15. USDINR 72.5-73 still holds

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.

Pre-market at a glance

 

1. Previous day Nifty spot closed at 11470.25
2. Previous day Nifty futures closed at 11527.55
3. Previous day Bank Nifty spot closed at 23812
4. Previous day Bank Nifty futures closed at 23945
5.  At 8:00 AM SGX Nifty is 0.35% down
6. At 8:00 AM Dow futures is 0.17% up
7. At 8:00 AM Comex gold is at 1970.65
8. At 8:00 AM Comex silver is at 28.317
9. Supreme Court to continue hearing Loan moratorium matter today.
10. Keep Banks/NBFCs on radar
11. AGR verdict outcome seems positive for Bharti Airtel
12. August auto sales in line with expectations, hence, keep tracking auto stocks
13. Dollar Index dragging, keep a track on metals
14. Strong resistance will be faced by Nifty and Bank Nifty from higher levels
15. USDINR holds 72.5-73

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.

Pre-market at a glance

 

1. Previous day Nifty spot closed at 11387.5
2. Previous day Nifty futures closed at 11359.8
3. Previous day Bank Nifty spot closed at 23754.35
4. Previous day Bank Nifty futures closed at 23660.45
5.  At 8:00 AM SGX Nifty is 0.70% up
6. At 8:00 AM Dow futures is 0.10% up
7. At 8:00 AM Comex gold is at 19795
8. At 8:00 AM Comex silver is at 29.005
9. Auto sales expected today. Keep tracking auto stocks. PV & 2 wheeler sales expected to improve
10. Defence ministry signed contracts with BEML, Tata Power & L&T
11. Telecom stocks should be tracked
12. Banking stocks should be tracked. At 11:30 am Supreme court will announce verdict
13. USDINR as mentioned is holding that level
14. Nifty at higher levels should be watched minutely. Broader market should be tracked
15. Bank Nifty should be watched specially Indusind Bank, IDFC First,SBI, PNB

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.