Market Recap
Nifty Futures opened gap down, Advanced 12 points to Close at 15,848
Bank Nifty Futures opened gap down, Declined 184 points to close at 33,679
India Vix closed at 21.4 (+2.12%)
FII Sold for INR 1,244 Cr.
DII Bought for INR 1,206 Cr.
Volume Gainers : ONGC, HINDALCO, and SBI
Volume Losers : NTPC, ICICI BANK, and POWER GRID
Global Markets
Dow Jones Declined and is at 30,960
US VIX is at 28.3 (+5.23%)
NASDAQ Futures Declined and is currently at 11,690
DAX Declined and is currently at 13,090
Nikkei Futures Declined and is currently at 26,690
Commodity and Currency
Gold Advanced and is currently at 1,821
Brent Crude Declined and is currently at 116.5
USD/INR is Flat at 78.9
GBP/INR Advanced and is currently at 96.4
Nifty 50 Technicals
Max Pain : 15,800
PCR : 0.91
RSI : Neutral
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 33,600
PCR : 0.83
RSI : Neutral
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Stock Picks
Bullish Stocks : TVS MOTOR, GRANULES, and STAR
Bearish Stocks : BANDHAN BANK, ICICI PRUDENTIAL, and ASTRAL
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 15,500 - 16,000
Bank Nifty may trade between 33,200 - 34,100
That’s all for today!
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