Market Recap
Nifty Futures opened gap down, Declined 22 points to Close at 16,203.
Bank Nifty Futures opened gap down, Advanced 314 points to close at 35,488.
India Vix closed at 18.3 (-0.15%)
FII Sold for INR 170 Cr.
DII Sold for INR 297 Cr.
Volume Gainers : ONGC, NTPC, and TATA STEEL
Volume Losers : BHARTI AIRTEL, HINDALCO, and TATA MOTORS
Global Markets
Dow Jones Declined and is currently at 31,000
US VIX is at 26.1 (+6.21%)
NASDAQ Futures Declined and is currently at 11,815
DAX Declined and is currently at 12,747
Nikkei Futures Declined and is currently at 26,350
Commodity and Currency
Gold Declined and is currently at 1,731
Brent Crude Declined and is currently at 107.3
USD/INR Advanced and is currently at 79.4
GBP/INR Declined and is currently at 94.4
Nifty 50 Technicals
Max Pain : 16,150
PCR : 1.13
RSI : Bullish
MACD : Bearish
Moving Average : Bullish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 35,600
PCR : 1.42
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Stock Picks
Bullish Stocks : DR. REDDY, AARTI INDUSTRIES, and EICHER MOTOR
Bearish Stocks : HCL, TCS, and BHARTI AIRTEL
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 16,000 - 16,300
Bank Nifty may trade between 34,800 - 35,700
That’s all for today!
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