Market Recap
Nifty Futures opened gap up, Declined 95 points to Close at 17,522.
Bank Nifty Futures opened gap up, Declined 125 points to close at 38,951.
India Vix closed at 19.5 (+6.19%)
FII Bought for INR 369 Cr.
DII Sold for INR 334 Cr.
Volume Gainers: SBI, ONGC, and COAL INDIA
Volume Losers: NTPC, TATA MOTORS, and ICICI BANK
Global Markets
Dow Jones Advanced and is currently at 33,249
US VIX is at 21.7 (-4.56%)
NASDAQ Futures Advanced and is currently at 13,142
DAX Advanced and is currently at 13,326
Nikkei Futures Advanced and is currently at 28,710
Commodity and Currency
Gold Declined and is currently at 1,753
Brent Crude Advanced and is currently at 101
USD/INR Advanced and is currently at 79.8
GBP/INR Declined and is currently at 94.3
Nifty 50 Technicals
Max Pain: 17,600
PCR: 1.53
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
17,000 (70,550; -69.49%)
17,500 (62,862; -63.39%)
Max Call OI:
18,500 (1,08,652; +5.91%)
17,700 (1,07,424; -27.93%)
Bank Nifty Technicals
Max Pain: 39,000
PCR: 1.12
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
39,000 (40,716; -47.29%)
38,500 (30,994; -72.03%)
Max Call OI:
39,500 (76,000; -21.61%)
40,000 (44,840; -57.79%)
Stock Picks
Bullish Stocks: AUBANK, PEL, and CROMPTON
Bearish Stocks: VEDL, BHARAT FORGE, and INTELLECT
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,400 - 17,800
Bank Nifty may trade between 38,700 - 39,500
That’s all for today!
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