Pre Market Report, April 22, 2014 | Stocks and Commodities

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April 22, 2014
Time: 8.45 am

Pre Market Report:

1. US markets closed positive in thin trade.
2. Asian markets are mixed.
3. SGX Nifty is almost flat.
4. Banking stocks will be in focus again.
5. HDFC Bank will declare results today and Yes Bank tomorrow.
6. Markets will be volatile with positive bias.
7. Nifty is expected to expire between 6800 and 6900 tomorrow.
8. For today, Nifty future support is at 6800.
9. The resistance will be at 6880.
10. Nifty 6900 Call has the highest open interest among Call options.
11. So if evertything goes well, we can expect Nifty to expire between 6860 and 6880.