Market Recap
Nifty Futures opened gap down, Declined 32 points to Close at 17,346.
Bank Nifty Futures opened gap down, Advanced 84 points to close at 38,023.
India Vix closed at 18.5 (+5.98%)
FII Bought for INR 825 Cr.
DII Bought for INR 118 Cr.
Volume Gainers: ITC, NTPC, and SBI
Volume Losers: TATA STEEL, TATA MOTORS, and HINDALCO
Global Markets
Dow Jones Declined and is currently at 32,425
US VIX is at 23.9 (+4.77%)
NASDAQ Futures Declined and is currently at 12,910
DAX Declined and is currently at 13,410
Nikkei Futures Advanced and is currently at 27,720
Commodity and Currency
Gold Advanced and is currently at 1,761
Brent Crude Advanced and is currently at 104.2
USD/INR Declined and is currently at 78.5
GBP/INR Declined and is currently at 95.4
Nifty 50 Technicals
Max Pain: 17,250
PCR: 1.36
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Bank Nifty Technicals
Max Pain: 38,000
PCR: 1.34
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Stock Picks
Bullish Stocks: INDIGO, SIEMENS, and ACC
Bearish Stocks: SYNGENE, GODREJ PROPERTIES, and HDFC LIFE
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,000 - 17,400
Bank Nifty may trade between 37,400 - 38,300
That’s all for today!
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