Market Recap
Nifty Futures opened gap down, Declined 256 points to Close at 16,219
Bank Nifty Futures opened gap down, Declined 576 points to close at 34,555
India Vix closed at 19.5 (+2.27%)
FII Sold for INR 3,974 Cr.
DII Bought for INR 2,831 Cr.
Volume Gainers : JSW STEEL, TATA CONSUMER PRODUCTS, and HINDUSTAN UNILEVER
Volume Losers : HINDALCO, TATA STEEL, and WIPRO
Global Markets
Dow Jones Futures Declined sharply and is currently at 30,960
US VIX is at 27.7 (+6.36%)
NASDAQ Futures Declined sharply and is currently at 11,607
DAX Declined sharply and is currently at 13,555
Nikkei Futures Declined and is currently at 27,020
Commodity and Currency
Gold Declined and is currently at 1,868
Brent Crude Declined and is currently at 122.4
USD/INR is flat at 78
GBP/INR Declined and is currently at 95.8
Nifty 50 Technicals
Max Pain : 16,300
PCR : 0.65
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 34,600
PCR : 0.62
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Stock Picks
Bullish Stocks : BAJAJ AUTO, COLPAL and TRENT
Bearish Stocks : GUJARAT GAS, HDFC, and COFORGE
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 16,100 - 16,400
Bank Nifty may trade between 34,200 - 34,900
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.