Market Recap
Nifty Futures opened gap up, Advanced 0.5 points to Close at 17,558.
Bank Nifty Futures opened gap up, Advanced 69 points to close at 38,357.
India Vix closed at 19.5 (+1.48%)
FII Bought for INR 1,062 Cr.
DII Sold for INR 768 Cr.
Volume Gainers: TATA STEEL, HINDALCO, and ICICI BANK
Volume Losers: SBI, ONGC, and NTPC
Global Markets
Dow Jones Advanced and is currently at 33,358
US VIX is at 19.7 (-9.32%)
NASDAQ Futures Advanced and is currently at 13,450
DAX Advanced and is currently at 13,760
Nikkei Futures Advanced and is currently at 28,120
Commodity and Currency
Gold Declined and is currently at 1,787
Brent Crude Declined and is currently at 99.6
USD/INR Advanced and is currently at 79.0
GBP/INR Declined and is currently at 96.4
Nifty 50 Technicals
Max Pain: 17,500
PCR: 1.09
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Bank Nifty Technicals
Max Pain: 38,200
PCR: 1.00
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Stock Picks
Bullish Stocks: TATA CHEMICALS, APOLLO HOSPITAL, and CUB
Bearish Stocks: MRF, ASTRAL, and ABBOTT INDIA
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,300 - 17,600
Bank Nifty may trade between 37,800 - 38,500
That’s all for today!
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