Market Recap
Nifty Futures opened gap up, Advanced 162 points to Close at 16,653.
Bank Nifty Futures opened gap up, Advanced 377 points to close at 36,756.
India Vix closed at 18.1 (-0.22%)
FII Sold for INR 437 Cr.
DII Brought for INR 712 Cr.
Volume Gainers : SBI, AXIS BANK, and L&T
Volume Losers : HDFC LIFE, BHARTI AIRTEL, and KOTAK MAHINDRA BANK
Global Markets
Dow Jones Advanced and is currently at 32,120
US VIX is at 23.2 (-5.87%)
NASDAQ Futures Advanced and is currently at 12,560
DAX Advanced and is currently at 13,199
Nikkei Futures Declined and is currently at 27,640
Commodity and Currency
Gold Advanced and is currently at 1,741
Brent Crude Advanced and is currently at 107.8
USD/INR is Flat at 79.8
GBP/INR Advanced and is currently at 97.1
Nifty 50 Technicals
Max Pain : 16,600
PCR : 1.08
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 36,600
PCR : 0.99
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Stock Picks
Bullish Stocks : RELIANCE, SBI, and MARUTI
Bearish Stocks : TATA POWER, VOLTAS, and HDFC LIFE
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 16,400 - 16,800
Bank Nifty may trade between 36,000 - 37,100
That’s all for today!
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