Market Recap
Nifty Futures opened gap up, Advanced 173 points to Close at 17,824.
Bank Nifty Futures opened gap up, Advanced 720 points to close at 40,312.
India Vix closed at 18.3 (-5.49%)
FII Bought for INR 2,913 Cr.
DII Sold for INR 213 Cr.
Volume Gainers: AXIS BANK, SBI, and ICICI BANK
Volume Losers: TATA STEEL, TATA MOTORS, and ONGC
Global Markets
Dow Jones Advanced and is currently at 31,908
US VIX is at 23.6 (-4.18%)
NASDAQ Futures Advanced and is currently at 12,442
DAX Declined and is currently at 12,875
Nikkei Futures Declined and is currently at 27,880
Commodity and Currency
Gold Advanced and is currently at 1,716
Brent Crude Advanced and is currently at 90.2
USD/INR is Flat at 79.6
GBP/INR Advanced and is currently at 92.0
Nifty 50 Technicals
Max Pain: 17,750
PCR: 1.18
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
17,500 (88,954; -43.16%)
16,800 (67,179; +30.78%)
Max Call OI:
18,000 (70,588; -68.75%)
18,400 (51,610; +39.61%)
Bank Nifty Technicals
Max Pain: 40,100
PCR: 1.17
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
39,500 (60,094; -33.15%)
40,000 (51,264; +278.97%)
Max Call OI:
41,000 (59,181; -54.59%)
41,500 (36,129; -68.01%)
Stock Picks
Bullish Stocks: SHREE CEMENT, METROPOLIS, and ASTRAL
Bearish Stocks: INDIGO, SBI CARD, and GAIL
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,600 - 17,900
Bank Nifty may trade between 39,600 - 40,400
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.