Market Recap
Nifty Futures opened gap up, Advanced 286 points to Close at 15,633
Bank Nifty Futures opened gap up, Advanced 522 points to close at 33,238
India Vix closed at 21.1 (-5.67%)
FII Sold for INR 2,701 Cr.
DII Bought for INR 3,066 Cr.
Volume Gainers : NTPC, ONGC, and HINDALCO
Volume Losers : APOLLO HOSPITAL, and NESTLE INDIA
Global Markets
Dow Jones Futures Declined and is currently at 30,425
US VIX is at 30.1 (-2.71%)
NASDAQ Futures Declined and is currently at 11,540
DAX Declined and is currently at 13,188
Nikkei Futures Declined and is currently at 26,210
Commodity and Currency
Gold Declined and is currently at 1,829
Brent Crude Declined and is currently at 113.4
USD/INR Advanced and is currently at 78.1
GBP/INR Declined and is currently at 95.7
Nifty 50 Technicals
Max Pain : 15,650
PCR : 1.06
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Bank Nifty Technicals
Max Pain : 33,200
PCR : 1.04
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Stock Picks
Bullish Stocks : DELTA CORP, EICHER MOTOR, and IDFC FIRST BANK
Bearish Stocks : CROMPTON, ALKEM, and PVR
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 15,300 - 15,800
Bank Nifty may trade between 32,800 - 33,600
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.