Market Recap
Nifty Futures opened gap up, Advanced 147 points to Close at 17,710.
Bank Nifty Futures opened gap up, Advanced 379 points to close at 39,921.
India Vix closed at 19.6 (+0.58%)
FII Sold for INR 812 Cr.
DII Bought for INR 534 Cr.
Volume Gainers: TATA STEEL, ITC, and NTPC
Volume Losers: POWER GRID, TATA MOTORS, and WIPRO
Global Markets
Dow Jones Advanced and is currently at 31,485
US VIX is at 25.9 (+2.04%)
NASDAQ Futures Advanced and is currently at 12,195
DAX Advanced and is currently at 12,792
Nikkei Futures Advanced and is currently at 27,700
Commodity and Currency
Gold Advanced and is currently at 1,718
Brent Crude Declined and is currently at 96.1
USD/INR Declined and is currently at 79.7
GBP/INR Advanced and is currently at 92.4
Nifty 50 Technicals
Max Pain: 17,600
PCR: 1.05
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
17,500 (1,47,667; +95.74%)
17,600 (1,41,724; +205.36%)
Max Call OI:
18,000 (1,37,669; +28.94%)
17,700 (1,15,595; +30.42%)
Bank Nifty Technicals
Max Pain: 39,600
PCR: 1.18
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
39,000 (1,04,096; +125.59%)
38,000 (91,215; +51.12%)
Max Call OI:
40,000 (1,20,627; +82.40%)
40,500 (91,814; +66.56%)
Stock Picks
Bullish Stocks: EXIDE INDUSTRIES, INDIAN HOTELS, and AMARA RAJA BATTERIES
Bearish Stocks: RELIANCE, GSPL, and SYNGENE
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,500 - 17,800
Bank Nifty may trade between 39,200 - 40,000
That’s all for today!
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