Pre-market Analysis Nifty Bank Nifty 21 June 2022

Market Recap

Nifty Futures opened gap down, Advanced 28 points to Close at 15,348

Bank Nifty Futures opened gap down, Declined 73 points to close at 32,716

India Vix closed at 22.4 (-1.52%)

FII Sold for INR 1,217 Cr.

DII Bought for INR 2,093 Cr.

Volume Gainers : WIPRO, HDFC BANK, and HDFC

Volume Losers : ONGC, COAL INDIA, and HINDALCO

Global Markets

Dow Jones Futures Advanced and is currently at 30,200

US VIX is at 31.0 (-0.32%)

NASDAQ Futures Advanced and is currently at 11,447

DAX Advanced and is currently at 13,255

Nikkei Futures Advanced and is currently at 26,160

Commodity and Currency

Gold Advanced and is currently at 1,839

Brent Crude Advanced and is currently at 116.3

USD/INR Advanced and is currently at 77.9

GBP/INR Advanced and is currently at 95.5

Nifty 50 Technicals

Max Pain : 15,500

PCR : 0.66

RSI : Bearish

MACD : Bearish

Moving Average : Bearish

ATR : High Volatile

Bank Nifty Technicals

Max Pain : 32,800

PCR : 0.74

RSI : Bearish

MACD : Bearish

Moving Average : Bearish

ATR : High Volatile

Stock Picks

Bullish Stocks : HINDUSTAN PETROLEUM, BRITANNIA, and ALKEM

Bearish Stocks : VEDANTA, HINDUSTAN COPPER, and NMDC

Summary

Global Markets indicate Bullish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 15,200 - 15,500
Bank Nifty may trade between 32,300 - 33,100

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.

« 20 June Nifty Analysis

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