Market Recap
Nifty Futures opened flat to gap-up, Declined 70 points to Close at 16,508
Bank Nifty Futures opened flat to gap up, Advanced 140 points to close at 35,655
India Vix closed at 20.84 (+1.79%)
FII Sold for INR 1,930 Cr.
DII Bought for INR 984 Cr.
Volume Gainers : COAL INDIA, NTPC, and ITC
Volume Losers : HINDALCO, INFOSYS, and POWER GRID
Global Markets
Dow Jones Futures is flat at 32,792
US VIX is at 25.69 (-1.91%)
NASDAQ Futures is Flat at 12,554
DAX is Flat at 14,362
Nikkei Futures Declined and is currently at 27,340
Commodity and Currency
Gold is flat at 1,845
Brent Crude Advanced and is currently at 116.8
USD/INR Advanced and is currently at 77.5
GBP/INR Declined and is currently at 96.8
Nifty 50 Technicals
Max Pain : 16,500
PCR : 0.89
RSI : Neutral
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 35,500
PCR : 1.01
RSI : Bullish
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Stock Picks
Bullish Stocks : HAL, ICICI Prudential, and BEL
Bearish Stocks : Delta Corp, Bajaj Auto, and HDFC AMC
Summary
Global Markets indicate Neutral to Bearish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 16,300 - 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.