Market Recap
Nifty Futures opened gap down, Declined 26 points to Close at 15,754
Bank Nifty Futures opened gap down, Advanced 214 points to close at 33,639
India Vix closed at 21.2 (-2.70%)
FII Sold for INR 2,325 Cr.
DII Bought for INR 1,311 Cr.
Volume Gainers : ITC, WIPRO, and BPCL
Volume Losers : ONGC, RELIANCE, and COAL INDIA
Global Markets
Dow Jones Declined and is at 30,830
US VIX is at 26.7 (-7.00%)
NASDAQ Futures Declined and is currently at 11,515
DAX Advanced and is currently at 12,820
Nikkei Futures Advanced and is currently at 26,070
Commodity and Currency
Gold Declined and is currently at 1,806
Brent Crude Declined and is currently at 113.2
USD/INR Advanced and is currently at 78.9
GBP/INR Advanced and is currently at 95.4
Nifty 50 Technicals
Max Pain : 15,700
PCR : 1.08
RSI : Bearish
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 33,500
PCR : 1.06
RSI : Neutral
MACD : Bearish
Moving Average : Bearish
ATR : Low Volatile
Stock Picks
Bullish Stocks : M&M, BDL, and ATGL
Bearish Stocks : BCG, INDIABULLS REAL ESTATE, and DBL
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 15,500 - 15,900
Bank Nifty may trade between 33,000 - 33,700
That’s all for today!
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