Market Recap
Nifty Futures opened gap up, Declined 27 points to Close at 15,783
Bank Nifty Futures opened gap up, Declined 485 points to close at 33,084
India Vix closed at 23.4 (-3.2 %)
FII Sold for INR 3,780 Cr.
DII Bought for INR 3,169 Cr.
Volume Gainers : TATA MOTORS, ITC, and COAL INDIA
Volume Losers : SBI, NTPC, and HINDALCO INDUSTRIES
Global Markets
Dow Jones Futures Declined and is currently at 32,178
US VIX is at 28.8 (-9.13%)
NASDAQ Futures Advanced and is currently at 12,462
DAX Advanced and is currently at 14,075
Nikkei Futures Advanced and is currently at 26,790
Commodity and Currency
Gold Advanced and is currently at 1816
Brent Crude Advanced and is currently at 112
USD/INR is flat and is currently at 77.4
GBP/INR Advanced and is currently at 95
Nifty 50 Technicals
Max Pain : 16,050
PCR : 0.45
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Bank Nifty Technicals
Max Pain : 33,700
PCR : 0.48
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Stock Picks
Bullish Stocks : Amara Raja Batteries, Indraprastha Gas, and Zydus Lifesciences
Bearish Stocks : Apollo Hospitals, Vedanta, and GNFC
Summary
Global Markets indicate Bearish Sentiment
Technicals Indicate Bearish Sentiment
Nifty may trade between 15,700 - 16,000
Bank Nifty may trade between 32,900 - 33,900
That’s all for today!
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