Market Recap
Nifty Futures opened gap up, Advanced 173 points to Close at 16,520.
Bank Nifty Futures opened gap up, Advanced 224 points to close at 35,967.
India Vix closed at 16.8 (-2.21%)
FII Bought for INR 1,781 Cr.
DII Sold for INR 230 Cr.
Volume Gainers : ONGC, SBI, and TATA MOTORS
Volume Losers : POWER GRID, HDFC LIFE, and NTPC
Global Markets
Dow Jones Advanced and is currently at 31,774
US VIX is at 23.8 (-2.53%)
NASDAQ Futures Advanced and is currently at 12,425
DAX Declined and is currently at 13,196
Nikkei Futures Declined and is currently at 27,580
Commodity and Currency
Gold Declined and is currently at 1,692
Brent Crude Declined and is currently at 107.2
USD/INR Advanced and is currently at 80.0
GBP/INR Declined and is currently at 95.7
Nifty 50 Technicals
Max Pain : 16,450
PCR : 1.29
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 35,900
PCR : 1.05
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Stock Picks
Bullish Stocks : PEL, SHRIRAM TRANSPORT FINANCE, and INDUSIND BANK
Bearish Stocks : POLYCAB, NAVIN FLUORINE, and CUB
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 15,600 - 16,600
Bank Nifty may trade between 35,300 - 36,300
That’s all for today!
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