Market Recap
Nifty Futures opened gap up, Advanced 142 points to Close at 17,558.
Bank Nifty Futures opened gap down, Advanced 328 points to close at 38,288.
India Vix closed at 19.3 (+2.05%)
FII Bought for INR 1,450 Cr.
DII Sold for INR 141 Cr.
Volume Gainers: NTPC, COAL INDIA, and ITC
Volume Losers: TATA STEEL, SBI, and ONGC
Global Markets
Dow Jones Declined and is currently at 32,763
US VIX is at 21.7 (+2.25%)
NASDAQ Futures Declined and is currently at 13,038
DAX Declined and is currently at 13,531
Nikkei Futures Declined and is currently at 27,840
Commodity and Currency
Gold Declined and is currently at 1,791
Brent Crude Declined and is currently at 99.0
USD/INR is Flat at 79.5
GBP/INR Declined and is currently at 96.0
Nifty 50 Technicals
Max Pain: 17,400
PCR: 1.18
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Bank Nifty Technicals
Max Pain: 38,000
PCR: 1.24
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Stock Picks
Bullish Stocks: HAL, HINDUSTAN COPPER, and TORRENT POWER
Bearish Stocks: BRITANNIA, BPCL, and CANARA BANK
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,300 - 17,700
Bank Nifty may trade between 37,700 - 38,500
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.