Pre Market Report
Monday,13 April 2020
Time: 8:00
1.US market closed on thursday in green 285 points.
2.Dow Future is trading negative 322 points (7:05)
3.SGX nifty is in negative territory down by 140 points 1.52% (7:05)
4.Nifty likely to open gap down
5.Oil price war Ends with Historic OPEC+ deals to cut output
6.Crude oil price is trading 5% higher.
7.Local virus impact creates negative sentiment.
8.HDFC deal is positive for market
9.Dice loaded in favour of negative especially if FII sell.
10.Cues on Lockdown impact market
11.Market is waiting for Stimulus announcement by Govt.
12.Remember always in market SELL on news BUY on rumour.
13.Levels to watch
Immediate Support-9000-8900
Immediate Resistance -9250-9320
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