Pre market report

Tuesday,7 April 2020 

TIME:8:15

• HDFC Bank AGR up 10% and ICICI Bank ADR up by 8%
• So Today we can expect banknifty may open higher 3 to 4 %
• Dow Jones up by 7.73% on Monday
• Nifty future closed at 8084 on friday and 
•  SGX nifty is trading at 8490 (+406 points ) 7:30 am
•  Asia gains on the Big stimulus from japan and singapore
• UK Prime Minister Boris johnson has been moved to ICU , Due to this european market is going to open negative which may wipeout NIFTY initial gain , second half is important as european market will open in mid session .
• Stock to watch Bajaj twins as in concall Management commentary is cautious which never happen before.
• OIL is moving higher it is good sign for world economy
•  Stock To watch saw long build-up on friday 
•    - Torrent pharma, IGL ,DIVIS lab , cadila healthcare, biocon, GAIL, CIPLA
• Technical perspective :
•      Level to watch today in NIFTY:
•      Support: 7750-7520
•      Resistance :8350-8690

Have a Profitable Day Ahead