Market Recap
Nifty Futures opened gap up, Advanced 77 points to Close at 16,225.
Bank Nifty Futures opened gap up, Advanced 192 points to close at 35,174.
India Vix closed at 18.4 (-4.21%)
FII Sold for INR 109 Cr.
DII Brought for INR 35 Cr.
Volume Gainers : TATA MOTORS, NTPC, and COAL INDIA
Volume Losers : ONGC, HINDALCO, and TATA STEEL
Global Markets
Dow Jones Declined and is currently at 31,210
US VIX is at 24.6 (-5.52%)
NASDAQ Futures Declined and is currently at 12,080
DAX Declined and is currently at 12,919
Nikkei Futures Advanced and is currently at 26,970
Commodity and Currency
Gold Declined and is currently at 1,739
Brent Crude Declined and is currently at 108
USD/INR Advanced and is currently at 79.2
GBP/INR Declined and is currently at 95.1
Nifty 50 Technicals
Max Pain : 16,150
PCR : 1.09
RSI : Bullish
MACD : Bearish
Moving Average : Bullish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 35,600
PCR : 1.07
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Stock Picks
Bullish Stocks : L&T, CHAMBAL FERTILISERS, and CANARA BANK
Bearish Stocks : GLENMARK, DIXON, and JK CEMENT
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 16,000 - 16,300
Bank Nifty may trade between 34,300 - 35,400
That’s all for today!
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