Market Recap
Nifty Futures opened gap down, Advanced 06 points to Close at 17,980.
Bank Nifty Futures opened gap down, Advanced 200 points to close at 39,713.
India Vix closed at 17.3 (-1.85%)
FII Sold for INR 1,706 Cr.
DII Bought for INR 471 Cr.
Volume Gainers: TATA STEEL, ICICI BANK, and BHARTI AIRTEL
Volume Losers: ONGC, NTPC, and AXIS BANK
Global Markets
Dow Jones Declined and is currently at 33,943
US VIX is at 19.5 (-1.71%)
NASDAQ Futures Declined and is currently at 13,500
DAX Declined and is currently at 13,649
Nikkei Futures Declined and is currently at 28,910
Commodity and Currency
Gold Declined and is currently at 1,754
Brent Crude Declined and is currently at 98.0
USD/INR is Flat at 79.7
GBP/INR Declined and is currently at 94.9
Nifty 50 Technicals
Max Pain: 17,900
PCR: 1.20
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Bank Nifty Technicals
Max Pain: 39,600
PCR: 1.17
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Stock Picks
Bullish Stocks: IRCTC, ICICI PRUDENTIAL, and DIXON
Bearish Stocks: TRENT, PVR, and ICICI BANK
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,200 - 18,100
Bank Nifty may trade between 39,200 - 39,900
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.