Market Recap
Nifty Futures opened gap down, Declined 129 points to Close at 17,892.
Bank Nifty Futures opened gap down, Declined 143 points to close at 41,303.
India Vix closed at 18.3 (+0.63%)
FII Sold for INR 1,271 Cr.
DII Sold for INR 929 Cr.
Volume Gainers: NTPC, POWER GRID, and ADANI PORTS
Volume Losers: TATA STEEL, HINDALCO, and INFOSYS
Global Markets
Dow Jones Declined and is currently at 30,905
US VIX is at 26.2 (+0.42%)
NASDAQ Futures Declined and is currently at 11,910
DAX Declined and is currently at 12,885
Nikkei Futures Declined and is currently at 27,320
Commodity and Currency
Gold Declined and is currently at 1,662
Brent Crude Advanced and is currently at 91.9
USD/INR is Flat at 79.8
GBP/INR Declined and is currently at 91.5
Nifty 50 Technicals
Max Pain: 17,900 (-0.55%)
PCR: 0.72 (-32.71%)
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
17,000 (40,194; +233.17%)
17,800 (38,948; +79.10%)
Max Call OI:
18,700 (76,741; +555.34%)
18,000 (75,385; +198.44%)
Bank Nifty Technicals
Max Pain: 41,200 (0.00%)
PCR: 0.88 (-45.34%)
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
40,000 (44,182; +223.22%)
39,000 (32,821; +248.34%)
Max Call OI:
41,500 (57,372; +141.05%)
42,500 (44,609; +304.47%)
Stock Picks
Bullish Stocks: AMBUJA CEMENTS, CAN FIN HOMES, and EICHER MOTORS
Bearish Stocks: VEDL, HINDALCO, and LAURUS LABS
Summary
Global Markets indicate Bearish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,700 - 18,100
Bank Nifty may trade between 40,500 - 41,600
That’s all for today!
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