Market Recap
Nifty Futures opened gap down, Declined 283 points to Close at 17,370.
Bank Nifty Futures opened gap down, Declined 780 points to close at 38,442.
India Vix closed at 19.8 (+8.83%)
FII Sold for INR 561 Cr.
DII Bought for INR 144 Cr.
Volume Gainers: ITC, COAL INDIA, and M&M
Volume Losers: TATA STEEL, WIPRO, and TATA MOTORS
Global Markets
Dow Jones Advanced and is currently at 32,128
US VIX is at 26.2 (+2.54%)
NASDAQ Futures Advanced and is currently at 12,519
DAX Advanced and is currently at 12,939
Nikkei Futures Advanced and is currently at 28,160
Commodity and Currency
Gold Declined and is currently at 1,736
Brent Crude Declined and is currently at 104.0
USD/INR Declined and is currently at 79.9
GBP/INR Declined and is currently at 93.5
Nifty 50 Technicals
Max Pain: 17,400
PCR: 1.45
RSI: Neutral
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
17,000 (1,45,428; +52.54%)
17,300 (1,36,999; +145.97%)
Max Call OI:
17,700 (1,60,009; +12.46%)
17,500 (1,56,452; +329.38%)
Bank Nifty Technicals
Max Pain: 38,500
PCR: 1.18
RSI: Neutral
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
38,000 (96,241; +70.10%)
37,500 (65,829; +35.14%)
Max Call OI:
39,500 (1,18,842; +17.86%)
39,000 (1,08,529; +56.42%)
Stock Picks
Bullish Stocks: ESCORTS, COLPAL, and GODREJCP
Bearish Stocks: INFOSYS, NAUKRI, and TCS
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,200 - 17,500
Bank Nifty may trade between 38,100 - 38,800
That’s all for today!
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