Market Recap
Nifty Futures opened gap down, Advanced 113 points to Close at 16,621
Bank Nifty Futures opened gap down, Advanced 43 points to close at 35,698
India Vix closed at 20.32 (-2.52%)
FII Sold for INR 452 Cr.
DII Bought for INR 131 Cr.
Volume Gainers : ONGC, NTPC, and COAL INDIA
Volume Losers : TATA MOTORS, ICICI BANK, and POWER GRID
Global Markets
Dow Jones Futures Advanced and is currently at 33,247
US VIX is at 24.72 (-3.78%)
NASDAQ Futures is Flat at 12,894
DAX Advanced and is currently at 14,606
Nikkei Futures Advanced and is currently at 27,660
Commodity and Currency
Gold Advanced and is currently at 1,871
Brent Crude Declined and is currently at 120.6
USD/INR Advanced and is currently at 77.4
GBP/INR Declined and is currently at 97.3
Nifty 50 Technicals
Max Pain : 16,600
PCR : 1.03
RSI : Neutral
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 35,600
PCR : 0.79
RSI : Bullish
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Stock Picks
Bullish Stocks : HDFC Bank, Berger Paint, and Federal Bank
Bearish Stocks : Marico, Biocon, and JK Cement
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 16,400 - 16,800
Bank Nifty may trade between 35,000 - 36,000
That’s all for today!
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