Market Recap
Nifty Futures opened gap down, Declined 456 points to Close at 15,769
Bank Nifty Futures opened gap down, Declined 866 points to close at 33,274
India Vix closed at 24.5 (+10.15 %)
FII Sold for INR 4,900 Cr.
DII Bought for INR 3,225 Cr.
Volume Gainers : ITC, POWER GRID, and DR REDDY
Volume Losers : TATA MOTORS, INFOSYS, and WIPRO
Global Markets
Dow Jones Futures Advanced and is currently at 31,390
US VIX is at 29.3 (-5.2%)
NASDAQ Futures Advanced and is currently at 12,001
DAX Advanced and is currently at 13,991
Nikkei Futures Advanced and is currently at 26,680
Commodity and Currency
Gold Declined and is currently at 1838
Brent Crude Advanced and is currently at 112.2
USD/INR Declined and is currently at 77.4
GBP/INR Declined and is currently at 96.3
Nifty 50 Technicals
Max Pain : 15,900
PCR : 0.70
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Bank Nifty Technicals
Max Pain : 33,400
PCR : 0.67
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Stock Picks
Bullish Stocks : ABBOT INDIA, ITC, and METROPOLIS
Bearish Stocks : TECH MAHINDRA, TCS, HDFC LIFE
Summary
Global Markets indicate Bullish Sentiment
Technicals Indicate Bearish Sentiment
Nifty may trade between 15,700 - 16,100
Bank Nifty may trade between 32,900 - 33,800
That’s all for today!
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