Market Recap
Nifty Futures opened gap up, Advanced 277 points to Close at 16,930.
Bank Nifty Futures opened gap up, Advanced 625 points to close at 37,381.
India Vix closed at 17.0 (-6.16%)
FII Bought for INR 1,638 Cr.
DII Bought for INR 600 Cr.
Volume Gainers : TATA STEEL, HDFC LIFE, and ICICI BANK
Volume Losers : TATA MOTORS, ITC, and BHARTI AIRTEL
Global Markets
Dow Jones Advanced and is currently at 32,500
US VIX is at 22.3 (-3.92%)
NASDAQ Futures Advanced and is currently at 12,890
DAX Advanced and is currently at 13,380
Nikkei Futures Advanced and is currently at 27,860
Commodity and Currency
Gold Declined and is currently at 1,754
Brent Crude Advanced and is currently at 107.3
USD/INR is Flat at 79.6
GBP/INR Declined and is currently at 96.8
Nifty 50 Technicals
Max Pain : 16,850
PCR : 1.33
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 37,300
PCR : 1.09
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Stock Picks
Bullish Stocks : INDUSIND BANK, DEEPAK NITRITE, and BAJAJ FINANCE
Bearish Stocks : ONGC, DR REDDY, and IGL
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 16,600 - 17,000
Bank Nifty may trade between 36,500 - 37,600
That’s all for today!
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