Market Recap
Nifty Futures opened gap up, Declined 19 points to Close at 17,388.
Bank Nifty Futures opened gap up, Declined 260 points to close at 37,771.
India Vix closed at 19.2 (+4.38%)
FII Bought for INR 1,475 Cr.
DII Sold for INR 47 Cr.
Volume Gainers: TATA STEEL, HINDALCO, and ITC
Volume Losers: SBI, NTPC, and TATA CONSUMER
Global Markets
Dow Jones Declined and is currently at 32,744
US VIX is at 21.4 (-2.32%)
NASDAQ Futures Advanced and is currently at 13,365
DAX Advanced and is currently at 13,666
Nikkei Futures Advanced and is currently at 28,030
Commodity and Currency
Gold Declined and is currently at 1,789
Brent Crude Advanced and is currently at 97.6
USD/INR is Flat at 79.1
GBP/INR Declined and is currently at 96.0
Nifty 50 Technicals
Max Pain: 17,350
PCR: 0.98
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Bank Nifty Technicals
Max Pain: 37,700
PCR: 0.72
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Stock Picks
Bullish Stocks: LUPIN, INDIA MART, and NESTLE INDIA
Bearish Stocks: GUJARAT GAS, TATA CONSUMER, and BRITANNIA
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,000 - 17,500
Bank Nifty may trade between 37,100 - 38,100
That’s all for today!
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