Pre Market Updates: Monday August 20
- Asian shares edge higher
- SGX Nifty indicating a positive start for the Nifty50.
- Global environment is stable, and we expect the calm to remain in our domestic markets as well.
- Also technical traders are caution as we are dealing with over-extended and overbought market on the higher time frame charts at current time.
- Nifty may trade between 11420 and 11540.
Nifty50 Technical Analysis
Nifty formed a small white body.
Nifty Options data tracking
- 11500 Call has max OI
- 11000 Put has max OI
- 11400 Strikes has max pain with OI 6,849,075 contracts.
- Nifty PCR at 1.66 versus 1.60.
FnO Stocks under Ban
In Ban: Adani Enterprises, Adani Power, Jet Airways, Jain Irrigation, Raymond.
New In Ban: Raymond.