Market Recap
Nifty Futures opened gap down, Declined 221 points to Close at 17,760.
Bank Nifty Futures opened gap down, Declined 711 points to close at 39,002.
India Vix closed at 18.28 (+5.39%)
FII Bought for INR 1,111 Cr.
DII Sold for INR 1,633 Cr.
Volume Gainers: Adani Ports, INFOSYS, and L&T
Volume Losers: TATA STEEL, TATA MOTORS, and SBI
Global Markets
Dow Jones Declined and is currently at 33,577
US VIX is at 20.6 (+5.32%)
NASDAQ Futures Declined and is currently at 13,200
DAX Declined and is currently at 13,500
Nikkei Futures Declined and is currently at 28,780
Commodity and Currency
Gold Declined and is currently at 1,746
Brent Crude Declined and is currently at 96.8
USD/INR Declined and is currently at 79.8
GBP/INR Declined and is currently at 94.3
Nifty 50 Technicals
Max Pain: 17,800
PCR: 0.69
RSI: Bearish
MACD: Bearish
Moving Average: Bearish
ATR: High Volatile
Bank Nifty Technicals
Max Pain: 39,000
PCR: 0.63
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Stock Picks
Bullish Stocks: ADANI PORTS, ACC, and AMBUJA CEMENT
Bearish Stocks: PVR, MRF and KOTAK MAHINDRA BANK
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bearish Sentiment
Nifty may trade between 17,500 - 18,000
Bank Nifty may trade between 38,500 - 39,600
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.