Market Recap
Nifty Futures opened gap up, Advanced 232 points to Close at 16,300.
Bank Nifty Futures opened gap up, Advanced 646 points to close at 35,429.
India Vix closed at 17.1 (-2.49%)
FII Bought for INR 156 Cr.
DII Bought for INR 844 Cr.
Volume Gainers : TATA MOTORS, ONGC, and HINDALCO
Volume Losers : HDFC BANK, M&M, and HDFC
Global Markets
Dow Jones Declined and is currently at 31,070
US VIX is at 25.3 (+4.42%)
NASDAQ Futures Declined and is currently at 11,937
DAX Declined and is currently at 12,859
Nikkei Futures Advanced and is currently at 26,900
Commodity and Currency
Gold Declined and is currently at 1,706
Brent Crude Advanced and is currently at 107
USD/INR Declined and is currently at 79.9
GBP/INR Declined and is currently at 95.4
Nifty 50 Technicals
Max Pain : 16,200
PCR : 1.21
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 35,000
PCR : 1.05
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Stock Picks
Bullish Stocks : SBI LIFE, MRF, and SHRIRAM TRANSPORT FINANCE
Bearish Stocks : MARUTI, HINDUSTAN UNILEVER, and EICHER MOTOR
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 16,100 - 16,400
Bank Nifty may trade between 34,900 - 35,600
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.