Market Recap
Nifty Futures opened gap down, Declined 85 points to Close at 18,020.
Bank Nifty Futures opened gap down, Advanced 504 points to close at 41,445.
India Vix closed at 18.2 (+4.62%)
FII Sold for INR 1,398 Cr.
DII Bought for INR 188 Cr.
Volume Gainers: TATA STEEL, NTPC, and SBI
Volume Losers: INFOSYS, AXIS BANK, and TATA MOTORS
Global Markets
Dow Jones Advanced and is currently at 31,284
US VIX is at 26.16 (-4.07%)
NASDAQ Futures Advanced and is currently at 12,240
DAX Advanced and is currently at 13,058
Nikkei Futures Declined and is currently at 27,630
Commodity and Currency
Gold Declined and is currently at 1,696
Brent Crude Declined and is currently at 94.7
USD/INR Declined and is currently at 79.4
GBP/INR Advanced and is currently at 91.7
Nifty 50 Technicals
Max Pain: 18,000 (0.00%)
PCR: 1.07 (-18.93%)
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
17,900 (1,23,796; -2.10%)
17,800 (1,19,698; +18.05%)
Max Call OI:
18,100 (1,40,254; +54.89%)
18,200 (1,39,889; +48.21%)
Bank Nifty Technicals
Max Pain: 41,200 (+1.22%)
PCR: 1.61 (+29.83%)
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
40,000 (1,38,035; +38.90%)
39,000 (1,19,775; +51.70%)
Max Call OI:
41,500 (1,19,640; +63.36%)
42,500 (1,16,779; +78.06%)
Stock Picks
Bullish Stocks: OBEROI REALTY, AUBANK, and INDIA CEMENTS
Bearish Stocks: IPCA LAB, COROMANDEL, and JK CEMENT
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,800 - 18,100
Bank Nifty may trade between 40,800 - 41,600
That’s all for today!
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