Market Recap
Nifty Futures opened gap down, Declined 235 points to Close at 17,592.
Bank Nifty Futures opened gap down, Declined 241 points to close at 39,467.
India Vix closed at 19.8 (+6.27%)
FII Sold for INR 2,290 Cr.
DII Bought for INR 951 Cr.
Volume Gainers: SBI, BHARTI AIRTEL, and TATA CONSUMER
Volume Losers: TATA STEEL, ONGC, and ICICI BANK
Global Markets
Dow Jones Advanced and is currently at 31,600
US VIX is at 25.5 (-1.20%)
NASDAQ Futures Advanced and is currently at 12,276
DAX Advanced and is currently at 12,757
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: 17,550
PCR: 1.39
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
17,000 (61,972; +142.65%)
16,500 (47,094; +379.81%)
Max Call OI:
18,000 (73,147; +93.13%)
18,500 (65,634; +204.12%)
Bank Nifty Technicals
Max Pain: 39,300
PCR: 1.19
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
38,000 (42,416; +87.44%)
39,000 (31,981; +83.18%)
Max Call OI:
40,000 (48,809; +150.81%)
39,500 (45,183; +93.36%)
Stock Picks
Bullish Stocks: TCS, GMR INFRA, and BAJAJ FINSERV
Bearish Stocks: HAVELLS, CONCOR, and BAJAJ FINANCE
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,300 - 17,800
Bank Nifty may trade between 38,700 - 39,600
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.