Market Recap
Nifty Futures opened gap up, Advanced 272 points to Close at 17,202.
Bank Nifty Futures opened gap up, Advanced 189 points to close at 37,567.
India Vix closed at 16.5 (-6.16%)
FII Bought for INR 1,046 Cr.
DII Sold for INR 0.91 Cr.
Volume Gainers : TATA STEEL, ONGC, and TATA MOTORS
Volume Losers : SBI, POWER GRID, and AXIS BANK
Global Markets
Dow Jones Declined and is currently at 32,720
US VIX is at 21.3 (-4.48%)
NASDAQ Futures Declined and is currently at 12,921
DAX Advanced and is currently at 13,482
Nikkei Futures Advanced and is currently at 27,870
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 : 17,050
PCR : 1.27
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Bank Nifty Technicals
Max Pain : 37,500
PCR : 0.94
RSI : Bullish
MACD : Bullish
Moving Average : Bullish
ATR : Low Volatile
Stock Picks
Bullish Stocks : SUN PHARMA, TATA STEEL, and SBI LIFE
Bearish Stocks : DR REDDY, CIPLA and CHOLAMANDALAM FINANCE
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 16,900 - 17,300
Bank Nifty may trade between 36,900 - 37,800
That’s all for today!
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