Market Recap
Nifty Futures opened gap up, Advanced 141 points to Close at 18,105.
Bank Nifty Futures opened gap up, Advanced 268 points to close at 40,941.
India Vix closed at 17.4 (-2.61%)
FII Bought for INR 1,957 Cr.
DII Sold for INR 1,268 Cr.
Volume Gainers: TATA MOTORS, ITC, and BAJAJ FINSERV
Volume Losers: ONGC, COAL INDIA, and BPCL
Global Markets
Dow Jones Declined and is currently at 31,275
US VIX is at 27.2 (+14.24%)
NASDAQ Futures Declined and is currently at 12,130
DAX Declined and is currently at 13,083
Nikkei Futures Declined and is currently at 27,770
Commodity and Currency
Gold Declined and is currently at 1,700
Brent Crude Declined and is currently at 94.0
USD/INR is Flat at 79.5
GBP/INR Advanced and is currently at 91.5
Nifty 50 Technicals
Max Pain: 18,000
PCR: 1.32
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
18,000 (1,45,215; +251.14%)
17,900 (1,26,456; +9.67%)
Max Call OI:
18,500 (1,23,380; +12.06%)
18,200 (94,384; -10.54%)
Bank Nifty Technicals
Max Pain: 40,700
PCR: 1.24
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
40,000 (99,371; +23.09%)
39,000 (78,955; +14.96%)
Max Call OI:
41,000 (97,872; +17.36%)
42,000 (86,589; +22.89%)
Stock Picks
Bullish Stocks: INDUSIND BANK, SUN TV, and BATA INDIA
Bearish Stocks: TATA COMMUNICATIONS, ADITYA BIRLA CAPITAL, and DALMIA BHARAT
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,800 - 18,200
Bank Nifty may trade between 40,400 - 41,000
That’s all for today!
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