Market Recap
Nifty Futures opened gap up, Declined 29 points to Close at 16,226
Bank Nifty Futures opened gap up, Declined 167 points to close at 34,140
India Vix closed at 22.2 (-1.97 %)
FII Sold for INR 1,254 Cr.
DII Bought for INR 375 Cr.
Volume Gainers : ITC, HINDALCO, and COAL INDIA
Volume Losers : TATA MOTORS, BHARTI AIRTEL, and NTPC
Global Markets
Dow Jones Futures Declined and is currently at 31,330
US VIX is at 30.9 (+18.6%)
NASDAQ Futures Declined and is currently at 11,848
DAX Declined and is currently at 13,850
Nikkei Futures Declined and is currently at 26,230
Commodity and Currency
Gold Declined and is currently at 1815
Brent Crude Advanced and is currently at 110.3
USD/INR Advanced and is currently at 77.8
GBP/INR Advanced and is currently at 95.9
Nifty 50 Technicals
Max Pain : 16,300
PCR : 0.74
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Bank Nifty Technicals
Max Pain : 34,200
PCR : 0.86
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Stock Picks
Bullish Stocks : PI INDUSTRIES, INDUS TOWER, and INDIGO
Bearish Stocks : IOCL, METROPOLIS HEALTHCARE, DELTA CORP
Summary
Global Markets indicate Bearish Sentiment
Technicals Indicate Bearish Sentiment
Nifty may trade between 16,100 - 16,400
Bank Nifty may trade between 33,900 - 34,500
That’s all for today!
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