Pre Market Report
22-JUNE-2021
° SGX NIFTY Is At 15809
° NASDAQ Is At 14137
° DOW JONES Is At 33876
° In NIFTY 15500PE And 15800CE, 15900CE, 16000CE Has Huge Open Interest In Weekly.
° In BANK NIFTY 34000PE And 35000CE, 35500CE Has Huge Open Interest In Weekly.
° IN F&O FIIs Are 65% Long And 35% Short.
° This Week Is Monthly Expiry As Well.
° Open Interest Indicating Limited Downside In NIFTY.
° INDEX Heavy Weight RIL And HDFC BANK Both Are Looking BULLISH.
° Today After our Market Hours, US FED Chairman Jerome H. Powell Will Give Testimony.
° So, His Comments Will Be Watched Closely. And Its Impacts Can Be Seen Tomorrow.
° Higher Crude Oil Prices And Depreciation In Currency Will Build Pressure On BANKING STOCKS At Higher Levels.
° After Such A Rally Some Profit Booking Can Happen In Early Trades.
° Down Side Seems To Be Limited.
° Local Cues Are Looking Positive.