Market Recap
Nifty Futures opened gap up, Advanced 28 points to Close at 17,416.
Bank Nifty Futures opened gap up, Advanced 188 points to close at 37,959.
India Vix closed at 18.9 (-1.88%)
FII Bought for INR 1,606 Cr.
DII Sold for INR 496 Cr.
Volume Gainers: NTPC, COAL INDIA, and ICICI BANK
Volume Losers: TATA STEEL, HINDALCO, and TATA MOTORS
Global Markets
Dow Jones Declined and is currently at 32,677
US VIX is at 21.1 (-1.35%)
NASDAQ Futures Declined and is currently at 13,184
DAX Advanced and is currently at 13,606
Nikkei Futures Advanced and is currently at 28,200
Commodity and Currency
Gold Advanced and is currently at 1,774
Brent Crude Declined and is currently at 97.4
USD/INR is Flat at 79.3
GBP/INR Declined and is currently at 95.7
Nifty 50 Technicals
Max Pain: 17,300
PCR: 0.80
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Bank Nifty Technicals
Max Pain: 37,900
PCR: 0.86
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Stock Picks
Bullish Stocks: TITAN, PIDILITE INDUSTRIES, and DIVIS LAB
Bearish Stocks: BRITANNIA, ZYDUS LIFESCIENCES, and SBI
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,200 - 17,500
Bank Nifty may trade between 37,300 - 38,200
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.