Market Recap
Nifty Futures opened gap up, Declined 27 points to Close at 17,683.
Bank Nifty Futures opened gap up, Declined 109 points to close at 39,812.
India Vix closed at 19.5 (-0.70%)
FII Bought for INR 1145 Cr.
DII Bought for INR 633 Cr.
Volume Gainers: TATA STEEL, NTPC, and POWER GRID
Volume Losers: ITC, ONGC, and SBI
Global Markets
Dow Jones Declined and is currently at 31,033
US VIX is at 26.9 (+3.54%)
NASDAQ Futures Declined and is currently at 11,969
DAX Declined and is currently at 12,721
Nikkei Futures Declined and is currently at 27,280
Commodity and Currency
Gold Declined and is currently at 1,696
Brent Crude Declined and is currently at 92.8
USD/INR is Flat at 79.8
GBP/INR Declined and is currently at 91.6
Nifty 50 Technicals
Max Pain: 17,650
PCR: 0.85
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
17,000 (1,65,426; +40.57%)
17,500 (1,18,647; -19.65%)
Max Call OI:
17,800 (1,66,180; +48.64%)
18,200 (1,49,202; +62.13%)
Bank Nifty Technicals
Max Pain: 39,700
PCR: 0.89
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
38,000 (95,868; +5.10%)
39,000 (92,503; -11.13%)
Max Call OI:
40,000 (1,28,207; +6.28%)
42,000 (1,12,436; +47.58%)
Stock Picks
Bullish Stocks: ACC, APOLLO TYRE, and PVR
Bearish Stocks: BRITANNIA, MPHASIS, and SYNGENE
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,500 - 17,700
Bank Nifty may trade between 39,200 - 40,000
That’s all for today!
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