Market Recap
Nifty Futures opened gap up, Advanced 131 points to Close at 17,654.
Bank Nifty Futures opened gap up, Advanced 271 points to close at 39,222.
India Vix closed at 18.2 (-6.92%)
FII Sold for INR 51 Cr.
DII Bought for INR 454 Cr.
Volume Gainers: TATA STEEL, NTPC, and SBI
Volume Losers: BHARTI AIRTEL, RELIANCE, and HDFC LIFE
Global Markets
Dow Jones Declined and is currently at 31,965
US VIX is at 25.5 (+17.36%)
NASDAQ Futures Declined and is currently at 12,425
DAX Declined and is currently at 12,715
Nikkei Futures Declined and is currently at 27,800
Commodity and Currency
Gold Declined and is currently at 1,724
Brent Crude Advanced and is currently at 101.4
USD/INR Declined and is currently at 79.9
GBP/INR Declined and is currently at 93.5
Nifty 50 Technicals
Max Pain: 17,600
PCR: 1.5
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
17,000 (95,335; +35.13%)
17,500 (97,173; +54.58%)
Max Call OI:
17,700 (1,42,278; +32.44%)
18,000 (1,37,069; +105.91%)
Bank Nifty Technicals
Max Pain: 39,000
PCR: 1.15
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
39,000 (59,524; +46.19%)
38,000 (56,577; +78.54%)
Max Call OI:
39,500 (1,00,826; +32.66%)
40,000 (83,571; +86.37%)
Stock Picks
Bullish Stocks: TITAN, ESCORTS, and HAL
Bearish Stocks: EICHER MOTORS, RELIANCE, and HDFC
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,500 - 17,800
Bank Nifty may trade between 38,700 - 39,400
That’s all for today!
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