Market Recap
Nifty Futures opened gap up, Advanced 98 points to Close at 17,964.
Bank Nifty Futures opened gap up, Advanced 169 points to close at 40,674.
India Vix closed at 17.9 (+1.24%)
FII Bought for INR 2,050 Cr.
DII Sold for INR 891 Cr.
Volume Gainers: TATA STEEL, AXIS BANK, and ADANI PORTS
Volume Losers: COAL INDIA, NTPC, and ONGC
Global Markets
Dow Jones Advanced and is currently at 32,491
US VIX is at 23.8 (+4.74%)
NASDAQ Futures Advanced and is currently at 12,832
DAX Declined and is currently at 13,386
Nikkei Futures Advanced and is currently at 28,390
Commodity and Currency
Gold Declined and is currently at 1,723
Brent Crude Declined and is currently at 93.9
USD/INR Advanced and is currently at 79.3
GBP/INR Advanced and is currently at 92.7
Nifty 50 Technicals
Max Pain: 17,900
PCR: 1.02
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
17,900 (1,15,296; +65.01%)
17,800 (1,08,132; +42.33%)
Max Call OI:
18,000 (1,42,574; +2.33%)
19,000 (1,26,277; -3.41%)
Bank Nifty Technicals
Max Pain: 40,600
PCR: 1.04
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
40,500 (88,989; +54.73%)
39,500 (82,106; +10.30%)
Max Call OI:
41,000 (83,390; +17.15%)
42,000 (70,458; +16.48%)
Stock Picks
Bullish Stocks: HAL, NAVIN FLUORINE, and EXIDE INDIA
Bearish Stocks: APOLLO TYRE, ZYDUS LIFESCIENCES, and LAURUS LABS
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,700 - 18,000
Bank Nifty may trade between 40,100 - 40,800
That’s all for today!
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