Market Recap
Nifty Futures opened gap down, Declined 152 points to Close at 16,429
Bank Nifty Futures opened gap down, Declined 308 points to close at 35,091
India Vix closed at 20.4 (+1.10%)
FII Sold for INR 2,294 Cr.
DII Bought for INR 1,311 Cr.
Volume Gainers : ONGC, NTPC, and COAL INDIA
Volume Losers : ICICI BANK, HINDALCO, and HDFC BANK
Global Markets
Dow Jones Futures Declined and is currently at 33,133
US VIX is at 24.0 (-4.19%)
NASDAQ Futures Declined and is currently at 12,695
DAX Advanced and is currently at 14,622
Nikkei Futures Advanced and is currently at 28,190
Commodity and Currency
Gold Declined and is currently at 1,849
Brent Crude Declined and is currently at 123.4
USD/INR is flat at 77.6
GBP/INR Declined and is currently at 97.6
Nifty 50 Technicals
Max Pain : 16,450
PCR : 0.54
RSI : Neutral
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 35,000
PCR : 0.59
RSI : Neutral
MACD : Bullish
Moving Average : Bearish
ATR : Low Volatile
Stock Picks
Bullish Stocks : ONGC, ZYDUS LIFE, and ALKEM
Bearish Stocks : GUJRAT GAS, LAURUS LABS, and ACC
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 16,300 - 16,600
Bank Nifty may trade between 34,700 - 35,700
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.