Market Recap
Nifty Futures opened gap up, Declined 91 points to Close at 16,014
Bank Nifty Futures opened gap up, Advanced 104 points to close at 34,330
India Vix closed at 25.2 (-1.38%)
FII Sold for INR 1,803 Cr.
DII Bought for INR 2,230 Cr.
Volume Gainers : NTPC, ONGC, and ITC
Volume Losers : TATA MOTORS, INFOSYS, and WIPRO
Global Markets
Dow Jones Futures is flat at 32,085
US VIX is at 28.37 (-3.67%)
NASDAQ Futures Declined and is currently at 11,913
DAX is Flat at 14,019
Nikkei Futures is Flat at 26,830
Commodity and Currency
Gold Declined and is currently at 1852
Brent Crude Declined and is currently at 114
USD/INR Declined and is currently at 77.4
GBP/INR Advanced and is currently at 97.5
Nifty 50 Technicals
Max Pain : 16,100
PCR : 0.76
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 34,500
PCR : 0.85
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Stock Picks
Bullish Stocks : Balkrishna Industries, ONGC, and NTPC
Bearish Stocks : Chambal Fertilizers, Whirlpool, and Asian Paint
Summary
Global Markets are Flat
Technicals indicate Bearish Sentiment
Nifty may trade between 15,900 - 16,300
Bank Nifty may trade between 33,900 - 34,600
That’s all for today!
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