Market Recap
Nifty Futures opened gap up, Advanced 157 points to Close at 16,327
Bank Nifty Futures opened gap up, Advanced 537 points to close at 35,632
India Vix closed at 21.5 (-5.45%)
FII Sold for INR 1,943 Cr.
DII Bought for INR 2,727 Cr.
Volume Gainers : TATA MOTORS, HDFC BANK, and HDFC LIFE
Volume Losers : ONGC, COAL INDIA, and SBI
Global Markets
Dow Jones Futures Advanced and is currently at 33,218
US VIX is at 25.7 (-6.47%)
NASDAQ Futures Advanced and is currently at 12,760
DAX Advanced and is currently at 14,504
Nikkei Futures Advanced and is currently at 27,240
Commodity and Currency
Gold Declined and is currently at 1850
Brent Crude Declined and is currently at 119.5
USD/INR is flat at 77.6
GBP/INR Advanced and is currently at 98
Nifty 50 Technicals
Max Pain : 16,300
PCR : 1.3
RSI : Neutral
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 35,550
PCR : 1.1
RSI : Bullish
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Stock Picks
Bullish Stocks : Voltas, Jubilant FoodWorks, and Kotak Mahindra Bank
Bearish Stocks : Piramal Enterprises, Sun Pharma, and Marico
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 16,000 - 16,500
Bank Nifty may trade between 34,800 - 35,700
That’s all for today!
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