Market Recap
Nifty Futures opened gap down, Declined 23 points to Close at 16,581
Bank Nifty Futures opened gap down, Advanced 30 points to close at 35,399
India Vix closed at 20.2 (+1.14%)
FII Sold for INR 2,398 Cr.
DII Bought for INR 1,940 Cr.
Volume Gainers : ONGC, TATA MOTORS, and ITC
Volume Losers : COAL INDIA, POWER GRID, and AXIS BANK
Global Markets
Dow Jones Futures Declined and is currently at 32,827
US VIX is at 25 (+1.13%)
NASDAQ Futures Declined and is currently at 12,560
DAX Declined and is currently at 14,580
Nikkei Futures Advanced and is currently at 28,010
Commodity and Currency
Gold Declined and is currently at 1,838
Brent Crude Declined and is currently at 122.7
USD/INR Advanced and is at 77.7
GBP/INR Declined and is currently at 97.2
Nifty 50 Technicals
Max Pain : 16,600
PCR : 0.75
RSI : Neutral
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 35,400
PCR : 0.66
RSI : Neutral
MACD : Bullish
Moving Average : Bearish
ATR : Low Volatile
Stock Picks
Bullish Stocks : ICICI PRUDENTIAL, COROMANDEL, and RBL BANK
Bearish Stocks : UBL, PVR, and HERO MOTOCORP
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 16,400 - 16,700
Bank Nifty may trade between 34,800 - 35,800
That’s all for today!
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