Market Recap
Nifty Futures opened gap down, Advanced 61 points to Close at 17,407.
Bank Nifty Futures opened gap down, Advanced 8 points to close at 38,032.
India Vix closed at 18.4 (-0.43%)
FII Bought for INR 765 Cr.
DII Sold for INR 518 Cr.
Volume Gainers: ICICI BANK, POWER GRID, and RELIANCE
Volume Losers: SBI, TATA MOTORS, and ITC
Global Markets
Dow Jones Advanced and is currently at 32,770
US VIX is at 21.9 (-8.27%)
NASDAQ Futures Advanced and is currently at 13,262
DAX Advanced and is currently at 13,634
Nikkei Futures Advanced and is currently at 27,950
Commodity and Currency
Gold Advanced and is currently at 1,768
Brent Crude Advanced and is currently at 101.0
USD/INR Declined and is currently at 79.0
GBP/INR Advanced and is currently at 96.1
Nifty 50 Technicals
Max Pain: 17,300
PCR: 1.04
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Bank Nifty Technicals
Max Pain: 37,900
PCR: 0.88
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Stock Picks
Bullish Stocks: AMARA RAJA BATTERIES, INDIGO, and CIPLA
Bearish Stocks: SIEMENS, INDUS TOWERS, and VEDL
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 16,900 - 17,500
Bank Nifty may trade between 37,400 - 38,300
That’s all for today!
We are not SEBI Registered Advisors, Trading in Stocks comes with risk, content is for educational purposes, please contact your financial advisor before taking any trades.