Market Recap
Nifty Futures opened gap up, Advanced 125 points to Close at 16,723.
Bank Nifty Futures opened gap up, Advanced 528 points to close at 36,719.
India Vix closed at 16.6 (-1.23%)
FII Sold for INR 675 Cr.
DII Brought for INR 739 Cr.
Volume Gainers : ICICI BANK, AXIS BANK, and HINDALCO
Volume Losers : ONGC, TATA MOTORS, and WIPRO
Global Markets
Dow Jones Declined and is currently at 31,807
US VIX is at 23.0 (-0.35%)
NASDAQ Futures Declined and is currently at 12,405
DAX Declined and is currently at 13,158
Nikkei Futures Declined and is currently at 27,760
Commodity and Currency
Gold Declined and is currently at 1,723
Brent Crude Declined and is currently at 103.3
USD/INR Declined and is currently at 79.8
GBP/INR Declined and is currently at 95.6
Nifty 50 Technicals
Max Pain : 16,600
PCR : 1.35
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 36,500
PCR : 1.20
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Stock Picks
Bullish Stocks : ATUL LTD, RAIN INDUSTRIES, and ULTRATECH CEMENT
Bearish Stocks : CAN FIN HOMES, INDIGO, and COROMANDEL
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 16,300 - 16,800
Bank Nifty may trade between 35,900 - 37,000
That’s all for today!
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