Pre-market Analysis Nifty Bank Nifty 27 June 2022

Market Recap

Nifty Futures opened gap up, Advanced 120 points to Close at 15,712

Bank Nifty Futures opened gap up, Advanced 438 points to close at 33,654

India Vix closed at 20.55 (-1.58%)

FII Sold for INR 2,354 Cr.

DII Bought for INR 2,213 Cr.

Volume Gainers : ONGC, HINDALCO, and ICICI BANK

Volume Losers : NTPC, COAL INDIA, and WIPRO

Global Markets

Dow Jones Futures advanced and is at 31542

US VIX is at 27.0 (-6%)

NASDAQ Futures Advanced and is currently at 12,197

DAX Advanced and is currently at 13,222

Nikkei Futures Advanced and is currently at 26,810

Commodity and Currency

Gold Advanced and is currently at 1,835

Brent Crude Advanced and is currently at 112.8

USD/INR Advanced and is currently at 78.2

GBP/INR Advanced and is currently at 95.97

Nifty 50 Technicals

Max Pain : 15,700

PCR : 1.00

RSI : Bearish

MACD : Bearish

Moving Average : Bearish

ATR : Low Volatile

Bank Nifty Technicals

Max Pain : 33,500

PCR : 1.03

RSI : Bearish

MACD : Bearish

Moving Average : Bearish

ATR : Low Volatile

Stock Picks

Bullish Stocks : STAR, SRTRANSFIN, EICHERMOT

Bearish Stocks : MARUTI, NTPC, INDUSTOWER

Summary

Global Markets indicate Bullish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 15,400 - 16,200
Bank Nifty may trade between 32,800 - 34,300

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.

« 24 June Nifty Analysis

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