Market Recap
Nifty Futures opened gap up, Advanced 56 points to Close at 15,842
Bank Nifty Futures opened gap up, Declined 460 points to close at 33,596
India Vix closed at 24.5 (+4.4 %)
FII Sold for INR 1788 Cr.
DII Bought for INR 1428 Cr.
Volume Gainers : SBI, NTPC, HINDALCO
Volume Losers : ITC, INFY, POWERGRID
Global Markets
Dow Jones Futures Advanced and is currently at 32,266
US VIX is at 27.5 (-4.28%)
NASDAQ Futures Advanced and is currently at 12,328
DAX Advanced and is currently at 14,075
Nikkei Futures Advanced and is currently at 26,660
Commodity and Currency
Gold Advanced and is currently at 1826.3
Brent Crude Advanced and is currently at 114
USD/INR is flat and is currently at 77.8
GBP/INR Advanced and is currently at 95.8
Nifty 50 Technicals
Max Pain : 16,000
PCR : 0.51
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Bank Nifty Technicals
Max Pain : 33,700
PCR : 0.73
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Stock Picks
Bullish Stocks : EICHERMOT, MPHASIS, and BAJAJFINSV
Bearish Stocks : ULTRACEMCO, LTTS, ABCAPITAL
Summary
Global Markets indicate Bullish Sentiment
Technicals Indicate Bearish Sentiment
Nifty may trade between 15,700 - 16,100
Bank Nifty may trade between 33,100 - 33,900
That’s all for today!
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