Market Recap
Nifty Futures opened gap down, Declined 32 points to Close at 17,651.
Bank Nifty Futures opened gap down, Declined 220 points to close at 39,593.
India Vix closed at 19.3 (-0.81%)
FII Bought for INR 758 Cr.
DII Sold for INR 139 Cr.
Volume Gainers: COAL INDIA, ONGC, and AXIS BANK
Volume Losers: BHARTI AIRTEL, TATA STEEL, and TATA MOTORS
Global Markets
Dow Jones Advanced and is currently at 31,593
US VIX is at 24.6 (-8.44%)
NASDAQ Futures Advanced and is currently at 12,279
DAX Advanced and is currently at 12,982
Nikkei Futures Advanced and is currently at 27,980
Commodity and Currency
Gold Declined and is currently at 1,715
Brent Crude Advanced and is currently at 89.5
USD/INR Advanced and is currently at 79.6
GBP/INR Declined and is currently at 91.6
Nifty 50 Technicals
Max Pain: 17,600
PCR: 0.89
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
17,000 (2,12,576; +28.55%)
17,500 (1,56,501; +31.90%)
Max Call OI:
18,000 (2,25,947; +47.06%)
17,900 (1,39,890; +27.40%)
Bank Nifty Technicals
Max Pain: 39,500
PCR: 0.74
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
39,000 (96,545; +4.36%)
38,000 (95,278; -0.61%)
Max Call OI:
40,000 (1,35,136; +5.48%)
41,000 (1,30,343; +38.94%)
Stock Picks
Bullish Stocks: AMBUJA CEMENT, CONCOR, and RAMCO CEMENT
Bearish Stocks: CIPLA, BAJAJ AUTO, and BIRLASOFT
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,500 - 17,700
Bank Nifty may trade between 39,100 - 39,800
That’s all for today!
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