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Previous Day Analysis

11th May 2020, 8.11 am (SGT)

1. On Friday, BankNifty  saw gap up opening, but closed 0.71% down.

2.On Friday Dow Jone ended 455 (1.91%) higher, so we can expect 100 points Gap up opening.
3. The VIX, Premium, Strike Price for Banknifty Call & Put is
19400 Strike Price Premium went down 188 points down, which is more than Banknifty 138 points..

4. Icici bank results not good, may drag the Bank nifty
https://economictimes.indiatimes.com/industry/banking/finance/banking/fm-to-meet-psu-bank-chiefs-on-monday-to-review-credit-flow/articleshow/75656462.cms

5. View: Slightly bullish, will end 300 points above or below..

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