Market Recap
Nifty Futures opened gap down, Advanced 47 points to Close at 16,347.
Bank Nifty Futures opened gap down, Advanced 314 points to close at 35,743.
India Vix closed at 17.2 (+0.25%)
FII Bought for INR 976 Cr.
DII Sold for INR 101 Cr.
Volume Gainers : ICICI BANK, SBI, and AXIS BANK
Volume Losers : ONGC, TATA MOTORS, and POWER GRID
Global Markets
Dow Jones Advanced and is currently at 31,890
US VIX is at 24.5 (+4.42%)
NASDAQ Futures Advanced and is currently at 12,327
DAX Advanced and is currently at 13,380
Nikkei Futures Advanced and is currently at 27,530
Commodity and Currency
Gold Declined and is currently at 1,710
Brent Crude Declined and is currently at 107.7
USD/INR is flat at 79.8
GBP/INR Advanced and is currently at 95.9
Nifty 50 Technicals
Max Pain : 16,250
PCR : 1.37
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 35,500
PCR : 1.54
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Stock Picks
Bullish Stocks : ESCORTS, EXIDE INDUSTRIES, and RAMCO CEMENTS
Bearish Stocks : ICICI LOMBARD, NBCC, and HDFC LIFE
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 16,100 - 16,400
Bank Nifty may trade between 35,200 - 35,900
That’s all for today!
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