Pre Market Update | Tuesday, 12 May
Market Sentiment
• Hanta Virus related global updates aur geopolitical tensions ki wajah se sentiment weak bana hua hai
• Crude oil pressure aur reserves concerns market ko nervous bana rahe hain
• PM Modi ji ke recent statements ke baad market cautious mode me aa gaya hai
• Kal broad based selling dekhne ko mili thi
Sector Performance
• Banking, Auto aur Energy stocks pressure me rahe
• Reliance aur Titan me weakness dekhne ko mili
• FMCG aur Pharma comparatively stable dikhe
Important Results
• Aaj: Tata Power, Dr Reddy’s, Torrent Power, Berger Paints, Pfizer
• Kal: Bharti Airtel, Tata Motors, PFC, DLF, Cipla, HPCL, Oil India
FII DII Data
• FIIs net sellers around ₹8,437 crore
• DIIs net buyers around ₹5,939 crore
• FIIs ka undertone abhi bhi weak bana hua hai
Global Markets
• Gift Nifty around 35 points weak
• Dow Futures weak, Nasdaq halka positive
• Asian markets strong trade kar rahe hain
• Overall global sentiment mixed hai
Economic Trigger
• Aaj shaam 5:30 baje India ka CPI inflation data aayega
• Inflation data market ke liye major trigger rehne wala hai
Indian ADRs
• Infosys, HDFC Bank, Wipro aur ICICI Bank ADRs weak close hue
• IT aur Banking sector me opening pressure dekhne ko mil sakta hai
Option Chain
• 23,800 aur 24,000 strikes par heavy call writing
• Market structure abhi bhi sell on bounce wala bana hua hai
• Downside me support weak dikh raha hai
Nifty Levels
Support: 23799, 23756, 23711, 23668, 23604
Resistance: 23907, 23965, 24000, 24047
Bank Nifty Levels
Support: 54360, 54081, 53898, 53695
Resistance: 54610, 54819, 54947, 55002
Sensex Levels
Support: 75957, 75755, 75593, 75420
Resistance: 76243, 76436, 76634, 76842
Trading Strategy
• Gap down opening me panic shorting mat karna
• Bounce pe selling opportunity dekhna safer ho sakta hai
• Expiry day par premium eating fast hoti hai
• ITM options me trade karna better ho sakta hai
• Light quantity aur strict stop loss maintain karna
• Capital protection sabse important hai
