Market Recap
Nifty Futures opened gap up, Advanced 127 points to Close at 17,685.
Bank Nifty Futures opened gap up, Advanced 587 points to close at 38,944.
India Vix closed at 18.3 (-6.29%)
FII Bought for INR 2,298 Cr.
DII Sold for INR 730 Cr.
Volume Gainers: COAL INDIA, ICICI BANK, and SBI
Volume Losers: TATA STEEL, ONGC, and NTPC
Global Markets
Dow Jones Declined and is currently at 33,322
US VIX is at 20.2 (+2.33%)
NASDAQ Futures Declined and is currently at 13,328
DAX Declined and is currently at 13,662
Nikkei Futures Advanced and is currently at 28,410
Commodity and Currency
Gold Declined and is currently at 1,787
Brent Crude Declined and is currently at 101.6
USD/INR Advanced and is currently at 79.5
GBP/INR Declined and is currently at 96.9
Nifty 50 Technicals
Max Pain: 17,600
PCR: 1.15
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Bank Nifty Technicals
Max Pain: 38,800
PCR: 1.06
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Stock Picks
Bullish Stocks: ASTRAL, IGL, and BATA INDIA
Bearish Stocks: BHARAT FORGE, IRCTC, and MFSL
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,400 - 17,800
Bank Nifty may trade between 38,400 - 39,100
That’s all for today!
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