Market Recap
Nifty Futures opened gap up, Declined 88 points to Close at 16,165
Bank Nifty Futures opened gap up, Declined 143 points to close at 34,100
India Vix closed at 23.4 (+1.29%)
FII Sold for INR 1,951 Cr.
DII Bought for INR 1,445 Cr.
Volume Gainers : TATA MOTORS, WIPRO, and M&M
Volume Losers : TATA STEEL, ITC, and ONGC
Global Markets
Dow Jones Futures Declined and is currently at 31,700
US VIX is at 28.48 (-3.23%)
NASDAQ Futures Declined and is currently at 11,860
DAX Declined and is currently at 14,085
Nikkei Futures Declined and is currently at 26,850
Commodity and Currency
Gold Declined and is currently at 1850
Brent Crude Declined and is currently at 112.8
USD/INR Declined and is currently at 77.5
GBP/INR Declined and is currently at 97.3
Nifty 50 Technicals
Max Pain : 16,300
PCR : 0.95
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Bank Nifty Technicals
Max Pain : 34,400
PCR : 0.93
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Stock Picks
Bullish Stocks : Colgate Palmolive, Nestle India, and Petronet LNG
Bearish Stocks : Jindal Steel, JSW Steel, Divi’s Lab
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 15,900 - 16,500
Bank Nifty may trade between 33,900 - 34,700
That’s all for today!
We are not SEBI Registered Advisors, Trading in Stocks comes with risk, content is for educational purposes, please contact your financial advisor before taking any trades.