Market Recap
Nifty Futures opened gap up, Advanced 457 points to Close at 17,827.
Bank Nifty Futures opened gap up, Advanced 1266 points to close at 39,708.
India Vix closed at 18.7 (-5.66%)
FII Bought for INR 4,166 Cr.
DII Sold for INR 657 Cr.
Volume Gainers: TATA STEEL, SBI, and TATA MOTORS
Volume Losers: NO RECORDS
Global Markets
Dow Jones Declined and is currently at 31,400
US VIX is at 25.8 (-1.30%)
NASDAQ Futures Declined and is currently at 12,163
DAX Declined and is currently at 12,749
Nikkei Futures Declined and is currently at 27,620
Commodity and Currency
Gold Declined and is currently at 1,703
Brent Crude Advanced and is currently at 96.6
USD/INR Advanced and is currently at 79.5
GBP/INR Declined and is currently at 92.1
Nifty 50 Technicals
Max Pain: 17,650
PCR: 1.46
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
17,000 (1,50,594; +3.55%)
17,300 (1,43,545; +4.77%)
Max Call OI:
18,000 (2,04,344; +1.01%)
17,700 (1,37,381; -14.14%)
Bank Nifty Technicals
Max Pain: 39,200
PCR: 1.22
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
38,000 (1,21,195; +25.92%)
37,000 (1,01,786; +55.58%)
Max Call OI:
41,000 (1,05,682; +56.88%)
40,000 (88,920; -4.21%)
Stock Picks
Bullish Stocks: AARTI INDUSTRIES, OBEROI REALTY, and GNFC
Bearish Stocks: HINDUSTAN COPPER, TORRENT PHARMACEUTICALS, and IGL
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,400 - 17,800
Bank Nifty may trade between 38,900 - 39,700
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.