Market Recap
Nifty Futures opened gap up, Advanced 97 points to Close at 16,616.
Bank Nifty Futures opened gap up, Advanced 282 points to close at 36,249.
India Vix closed at 16.8 (+0.21%)
FII Bought for INR 1,799 Cr.
DII Sold for INR 312 Cr.
Volume Gainers : INDUSIND BANK, HINDALCO, and POWER GRID
Volume Losers : RELIANCE, NTPC, and HDFC BANK
Global Markets
Dow Jones Advanced and is currently at 31,957
US VIX is at 23.1 (-2.53%)
NASDAQ Futures Advanced and is currently at 12,542
DAX Declined and is currently at 13,196
Nikkei Futures Advanced and is currently at 27,840
Commodity and Currency
Gold Advanced and is currently at 1,714
Brent Crude Advanced and is currently at 105.9
USD/INR Advanced and is currently at 79.8
GBP/INR is flat at 95.6
Nifty 50 Technicals
Max Pain : 16,550
PCR : 1.5
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 36,100
PCR : 1.14
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Stock Picks
Bullish Stocks : INDUSIND BANK, TATA COMMUNICATIONS, and CAN FIN HOMES
Bearish Stocks : BALKRISHNA INDUSTRIES, BOSCH LTD, and LUPIN LTD
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 16,400 - 16,700
Bank Nifty may trade between 35,900 - 36,300
That’s all for today!
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