Pre Market Report
21-OCT-2021
° SGX NIFTY Is At 18354 (+37)
° NASDAQ Is At 15388 (-22)
° DOW JONES Is At 35609 (+152)
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° In NIFTY 18200PE, 18100PE And 18400CE, 18500CE Has Huge Open Interest In Weekly.
° In BANK NIFTY 39000PE And 39800CE, 40000CE Has Huge Open Interest In Weekly.
° IN INDEX F&O, FIIs Are 68% Long And 32% Short.
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° TODAY IS WEEKLY EXPIRY.
° JSW STEEL, ASIAN PAINT, TVSMOTOR Is Set To Declare The Results Today.
° FII & DII Both Turned Out To Be Net Seller Yesterday.
° DII Are Selling Very Aggressively, In Last 8-Trading Session They Have Booked Profit For More Than 9400Cr.
° NIFTY OCT FUTURE Is Trading At Huge Premium Compared To The Spot.
° As On When NIFTY FUTURE Trade At Huge Premium, Spot Becomes vulnerable. So Its Time To Be Cautious.
° However, After Two Day's Of Continuous Selling Can Lead To Some Short Covering As Well.
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° DOLLAR INDEX Is Slightly Down And ₹Rupee Is Gaining Strength Is Positive.
° Crude Oil Prices Are Continue To Be Higher Is A Concern.
° IRAQ's Oil Minister Has Said That Brent Prices Can Rise Upto $100.
° If That Happens, Than It Will Hit The Banking Stocks Very Hardly.
° Rising US 10 YR BOND Yield Is Not A Good Sign For Emerging Markets.
° Yesterday, US MARKETS Have Closed Mixed.
° Dow Jones Hits Fresh All Time High, Whereas NASDAQ Was Slightly Lower.
° Good Corporate Results Has Elevated The Mood Of US Markets And Eased Worries About Inflation & Supply Chain Issues.
° GLOBAL CUES ARE MIXED.
° LOCAL CUES ARE MIXED.
