Market Recap
Nifty Futures opened gap down, Declined 66 points to Close at 16,578
Bank Nifty Futures opened gap down, Declined 366 points to close at 35,515
India Vix closed at 20.47 (+2.49%)
FII Sold for INR 1,003 Cr.
DII Bought for INR 1,845 Cr.
Volume Gainers : NTPC, ONGC, and BHARTI AIRTEL
Volume Losers : RELIANCE, SUN PHARMA, and INFOSYS
Global Markets
Dow Jones Futures Advanced and is currently at 33,200
US VIX is at 26.19 (-1.32%)
NASDAQ Futures Advanced and is currently at 12,720
DAX Advanced and is currently at 14,487
Nikkei Futures Advanced and is currently at 27,420
Commodity and Currency
Gold Declined and is currently at 1,835
Brent Crude Declined and is currently at 119.6
USD/INR is flat at 77.6
GBP/INR Advanced and is currently at 97.9
Nifty 50 Technicals
Max Pain : 16,500
PCR : 1.3
RSI : Neutral
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 35,500
PCR : 1.1
RSI : Neutral
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Stock Picks
Bullish Stocks : MFSL, Dixon Technologies, and MCX
Bearish Stocks : Sun Pharma, AU Small Finance Bank, and PVR
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 16,200 - 16,700
Bank Nifty may trade between 35,200 - 36,000
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.