Market Recap
Nifty Futures opened gap up, Declined 141 points to Close at 16,491.
Bank Nifty Futures opened gap down, Declined 334 points to close at 36,379.
India Vix closed at 18.1 (+2.77%)
FII Sold for INR 1,548 Cr.
DII Brought for INR 999 Cr.
Volume Gainers : COAL INDIA, ITC, and POWER GRID
Volume Losers : AXIS BANK, TATA STEEL, and TATA MOTORS
Global Markets
Dow Jones Declined and is currently at 31,808
US VIX is at 24.6 (+5.69%)
NASDAQ Futures Declined and is currently at 12,263
DAX Advanced and is currently at 13,139
Nikkei Futures Declined and is currently at 27,580
Commodity and Currency
Gold Advanced and is currently at 1,718
Brent Crude Declined and is currently at 104.3
USD/INR Declined and is currently at 79.7
GBP/INR Advanced and is currently at 96.0
Nifty 50 Technicals
Max Pain : 16,500
PCR : 0.83
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 36,500
PCR : 0.87
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Stock Picks
Bullish Stocks : BAJAJ FINSERV, SUN TV, and NAVIN FLUORINE
Bearish Stocks : METROPOLIS, BAJAJ AUTO, and LAURUS LABS
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 16,300 - 16,700
Bank Nifty may trade between 35,900 - 36,900
That’s all for today!
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