Market Recap
Nifty Futures opened gap up, Declined 64 points to Close at 16,365
Bank Nifty Futures opened gap up, Declined 80 points to close at 35,011
India Vix closed at 19.8 (-2.88%)
FII Sold for INR 2,484 Cr.
DII Bought for INR 1,904 Cr.
Volume Gainers : ONGC, SBI, and COAL INDIA
Volume Losers : ITC, BHARTI AIRTEL, and ICICI BANK
Global Markets
Dow Jones Futures Declined and is currently at 32,870
US VIX is at 23.9 (-4.19%)
NASDAQ Futures Declined and is currently at 12,600
DAX Declined and is currently at 14,370
Nikkei Futures Advanced and is currently at 28,290
Commodity and Currency
Gold Advanced and is currently at 1,853
Brent Crude Advanced and is currently at 126.5
USD/INR is flat at 77.6
GBP/INR Declined and is currently at 97.3
Nifty 50 Technicals
Max Pain : 16,400
PCR : 0.85
RSI : Neutral
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 35,000
PCR : 0.79
RSI : Neutral
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Stock Picks
Bullish Stocks : BHARTI AIRTEL, DALMIA BHARAT and IGL
Bearish Stocks : GUJRAT GAS, ICICI LOMBARD, and BATA INDIA
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 16,200 - 16,600
Bank Nifty may trade between 34,700 - 35,500
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.