Pre-market at a glance

       

1. Previous day Nifty spot closed at 13513.85
2. Previous day Nifty futures closed at 13517
3. Previous day Bank Nifty spot closed at 30604.85
4. Previous day Bank Nifty futures closed at 30624.95
5.  At 8:00 AM SGX Nifty is 0.40% up
6. At 8:00 AM Dow futures is 0.60% up
7. At 8:00 AM Comex gold is at 1838.65
8. At 8:00 AM Comex silver is at 24.060
9. Watch metal stocks
10. Keep tracking monthly 13500 CE last day's H/L. Either side breakout will initiate further momentum in Nifty
11. Nifty FMCG should be tracked
12. Marico & Jubilant Food along with Nestle and Godrej Consumer should be watched
13. CREDAG and Bandhan Bank can also be tracked
14. Dollar Index should be monitored cautiously
15. USDINR 73-73.30 is a very very strong buying zone because it has a 2 years support. That level should be watched cautiously

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.