Market Recap
Nifty Futures opened gap down, Declined 232 points to Close at 15,401
Bank Nifty Futures opened gap down, Declined 433 points to close at 32,805
India Vix closed at 21.3 (+0.74%)
FII Sold for INR 2,921 Cr.
DII Bought for INR 1,859 Cr.
Volume Gainers : POWER GRID, BPCL, and TCS
Volume Losers : ONGC, HINDALCO and ITC
Global Markets
Dow Jones Futures Declined and is currently at 30,350
US VIX is at 28.9 (-4.11%)
NASDAQ Futures Advanced and is currently at 11,500
DAX Declined and is currently at 13,081
Nikkei Futures is Flat at 26,250
Commodity and Currency
Gold Declined and is currently at 1,836
Brent Crude Declined and is currently at 109.8
USD/INR Declined and is currently at 78.1
GBP/INR Declined and is currently at 95.7
Nifty 50 Technicals
Max Pain : 15,500
PCR : 1.07
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Bank Nifty Technicals
Max Pain : 33,000
PCR : 0.87
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Stock Picks
Bullish Stocks : JINDAL STEEL, RAMCO CEMENT, and PVR
Bearish Stocks : HINDUSTAN COPPER, GODREJ PROPERTIES, and SUN TV
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 15,200 - 15,800
Bank Nifty may trade between 32,400 - 33,200
That’s all for today!
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