Market Recap
Nifty Futures opened gap down, Declined 453 points to Close at 15,766
Bank Nifty Futures opened gap down, Declined 1,124 points to close at 33,431
India Vix closed at 22.3 (+14.25%)
FII Sold for INR 4,164 Cr.
DII Bought for INR 2,814 Cr.
Volume Gainers : BAJAJ AUTO, and NESTLE INDIA
Volume Losers : NTPC, TATA MOTORS, and ICICI BANK
Global Markets
Dow Jones Futures Advanced and is currently at 30,650
US VIX is at 34.0 (+22.59%)
NASDAQ Futures Advanced and is currently at 11,400
DAX Advanced and is currently at 13,477
Nikkei Futures Declined and is currently at 26,450
Commodity and Currency
Gold Advanced and is currently at 1,823
Brent Crude Advanced and is currently at 124.4
USD/INR is flat at 78
GBP/INR Advanced and is currently at 94.8
Nifty 50 Technicals
Max Pain : 16,000
PCR : 0.50
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Bank Nifty Technicals
Max Pain : 33,900
PCR : 0.54
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Stock Picks
Bullish Stocks : NESTLE INDIA, and DEEPAK NITRITE
Bearish Stocks : HDFC, RBL BANK, and BAJAJ FINSERV
Summary
Global Markets are bearish, showing signs of recovery from the fall.
Technicals indicate Bearish Sentiment
Nifty may trade between 15,700 - 16,100
Bank Nifty may trade between 33,000 - 34,000
That’s all for today!
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