Market Recap
Nifty Futures opened flat to positive, remained volatile to Close flat at 16,183
Bank Nifty Futures opened flat to positive, Advanced 35 points to close at 34,226
India Vix closed at 25.6 (+9.56%)
FII Sold for INR 2,393 Cr.
DII Bought for INR 1,948 Cr.
Volume Gainers : SBI, TATA MOTORS, and POWER GRID
Volume Losers : ONGC, NTPC, and ITC
Global Markets
Dow Jones Futures Advanced and is currently at 31,955
US VIX is at 29.45 (+3.41%)
NASDAQ Futures Advanced and is currently at 11,830
DAX Advanced and is currently at 14,030
Nikkei Futures Declined and is currently at 26,700
Commodity and Currency
Gold Declined and is currently at 1863
Brent Crude Advanced and is currently at 115
USD/INR Advanced and is currently at 77.4
GBP/INR Declined and is currently at 97.1
Nifty 50 Technicals
Max Pain : 16,200
PCR : 0.81
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Bank Nifty Technicals
Max Pain : 34,300
PCR : 0.92
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Stock Picks
Bullish Stocks : Coromandel, Indigo, and Apollo Tyre
Bearish Stocks : IPCA Labs, Balrampur Chini Mills, HCL
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 15,900 - 16,400
Bank Nifty may trade between 33,800 - 34,600
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.