Market Recap
Nifty Futures opened gap down, Advanced 93 points to Close at 17,586.
Bank Nifty Futures opened gap down, Advanced 443 points to close at 38,776.
India Vix closed at 19.0 (+0.07%)
FII Bought for INR 563 Cr.
DII Sold for INR 215 Cr.
Volume Gainers: TATA STEEL, ONGC, and ICICI BANK
Volume Losers: ADANI PORTS, WIPRO, and INFOSYS
Global Markets
Dow Jones Declined and is currently at 32,857
US VIX is at 24.1 (+1.30%)
NASDAQ Futures Declined and is currently at 12,880
DAX Declined and is currently at 13,129
Nikkei Futures Declined and is currently at 28,360
Commodity and Currency
Gold Declined and is currently at 1,745
Brent Crude Declined and is currently at 100.9
USD/INR Declined and is currently at 79.8
GBP/INR Declined and is currently at 94.2
Nifty 50 Technicals
Max Pain: 17,600
PCR: 0.83
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Call OI: 18,000 (2,47,162; -8.03%)
Max Put OI: 17,000 (1,48,477; +18.99%)
Bank Nifty Technicals
Max Pain: 38,600
PCR: 0.86
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Call OI: 39,500 (98,150; -16.35%)
Max Put OI: 38,500 (1,01,901; +36.76%)
Stock Picks
Bullish Stocks: BALRAMPUR CHINI MILLS, VOLTAS, and METROPOLIS
Bearish Stocks: MPHASIS, ICICI LOMBARD, and POWER GRID
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,300 - 17,800
Bank Nifty may trade between 38,200 - 39,100
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.