Market Recap
Nifty Futures opened flat, declined 51 points to Close at 16247
Bank Nifty Futures opened flat, advanced 197 points to close at 34515
India Vix closed at 22.3
FII Sold for INR 3960 Cr.
DII Bought for INR 2958 Cr.
Volume Gainers : HDFC Bank, Bharti Airtel and HDFC Ltd
Volume Losers : ONGC, NTPC and COAL INDIA
Global Markets
Dow Jones Futures Declined and is currently at 32032
US VIX is at 33
NASDAQ Futures Advanced and is currently at 12368
DAX is flat and is currently at 13545
Nikkei Futures Declined and is currently at 26060
Commodity and Currency
Gold declined and is currently at 1833
Brent Crude Declined and is currently at 103
USD/INR is flat and is currently at 77
GBP/INR Advanced and is currently at 95
Nifty 50 Technicals
Max Pain : 16400
PCR : 0.56
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : Highly Volatile
Bank Nifty Technicals
Max Pain : 34600
PCR : 0.68
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : Highly Volatile
Stock Picks
Bullish Stocks : Eicher Motors, Bajaj Auto, and Bharti Airtel
Bearish Stocks : Cipla, Tata Steel, and Reliance Industries
Summary
Global Market indicates Bearish Sentiment
Technicals Indicate Bearish Sentiment
Nifty may trade between 16100 - 16500
Bank Nifty may trade between 34100 - 34900
That’s all for today!
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