Market Recap
Nifty Futures opened gap up, Advanced 188 points to Close at 15,592
Bank Nifty Futures opened gap up, Advanced 378 points to close at 33,216
India Vix closed at 20.88 (-1.97%)
FII Sold for INR 2,319 Cr.
DII Bought for INR 2,438 Cr.
Volume Gainers : TATA MOTORS, ICICI BANK, and WIPRO
Volume Losers : NTPC, POWER GRID and COAL INDIA
Global Markets
Dow Jones Futures advanced and is at 30,680
US VIX is at 29.0 (+0.35%)
NASDAQ Futures Advanced and is currently at 11,750
DAX Advanced and is currently at 12,975
Nikkei Futures Advanced and is currently at 26,270
Commodity and Currency
Gold Advanced and is currently at 1,824
Brent Crude Advanced and is currently at 110.4
USD/INR Advanced and is currently at 78.1
GBP/INR Advanced and is currently at 95.8
Nifty 50 Technicals
Max Pain : 15,600
PCR : 0.99
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Bank Nifty Technicals
Max Pain : 33,100
PCR : 0.84
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : High Volatile
Stock Picks
Bullish Stocks : EICHER MOTOR, BALKRISHNA INDUSTRIES, and BHARTI AIRTEL
Bearish Stocks : BEL, OBEROI REALTY, and TORRENT POWER
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 15,300 - 16,100
Bank Nifty may trade between 32,600 - 33,500
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.