Market Recap
Nifty Futures opened gap down, Declined 103 points to Close at 16,620.
Bank Nifty Futures opened gap up, Declined 45 points to close at 36,674.
India Vix closed at 17.6 (+6.19 %)
FII Sold for INR 845 Cr.
DII Sold for INR 72 Cr.
Volume Gainers : ITC, NTPC, and SBI
Volume Losers : ONGC, RELIANCE, and TATA MOTORS
Global Markets
Dow Jones Declined and is currently at 31,827
US VIX is at 23.3 (+1.43%)
NASDAQ Futures Declined and is currently at 12,300
DAX Declined and is currently at 13,165
Nikkei Futures Declined and is currently at 27,580
Commodity and Currency
Gold Advanced and is currently at 1,725
Brent Crude Advanced and is currently at 105.8
USD/INR Advanced and is currently at 79.7
GBP/INR Advanced and is currently at 96.2
Nifty 50 Technicals
Max Pain : 16,600
PCR : 1.06
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 36,500
PCR : 1.06
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Stock Picks
Bullish Stocks : NAVIN FLUORINE, AXIS BANK, and SRF
Bearish Stocks : VEDL, EICHER MOTORS, and GSPL
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 16,100 - 16,800
Bank Nifty may trade between 36,400 - 37,100
That’s all for today!
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