Market Recap
Nifty Futures opened gap down, Declined 360 points to Close at 15,818
Bank Nifty Futures opened gap down, Declined 1,170 points to close at 33,559
India Vix closed at 24.2 (+6.4 %)
FII Sold for INR 5,255 Cr.
DII Bought for INR 4,815 Cr.
Volume Gainers : WIPRO, HCL, and TCS
Volume Losers : TATA MOTORS, HINDALCO INDUSTRIES, and SBI
Global Markets
Dow Jones Futures Advanced and is currently at 31826
US VIX is at 31.7
NASDAQ Futures Advanced and is currently at 12058
DAX Advanced and is currently at 13843
Nikkei Futures Advanced and is currently at 26220
Commodity and Currency
Gold Advanced and is currently at 1825
Brent Crude Advanced and is currently at 110
USD/INR is flat and is currently at 77.4
GBP/INR flat and is currently at 94.3
Nifty 50 Technicals
Max Pain : 15,950
PCR : 0.48
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Bank Nifty Technicals
Max Pain : 33,700
PCR : 0.59
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Stock Picks
Bullish Stocks : Marico, Balrampur Chini Mills, and L&T Infotech
Bearish Stocks : RBL Bank, PNB, and Tata Steel
Summary
Global Markets indicate Bullish Sentiment
Technicals Indicate Bearish Sentiment
Nifty may trade between 15,700 - 16,100
Bank Nifty may trade between 33,300 - 34,100
That’s all for today!
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