Market Recap
Nifty Futures opened gap down, Declined 326 points to Close at 17,566.
Bank Nifty Futures opened gap down, Declined 465 points to close at 41,838.
India Vix closed at 19.8 (+7.77%)
FII Sold for INR 3,260 Cr.
DII Sold for INR 37 Cr.
Volume Gainers: INDUSIND BANK, and CIPLA
Volume Losers: TATA MOTORS, INFOSYS, and HINDALCO
Global Markets
Dow Jones Advanced and is currently at 30,968
US VIX is at 26.3 (+0.11%)
NASDAQ Futures Advanced and is currently at 11,930
DAX Advanced and is currently at 12,813
Nikkei Futures is Flat at 27,350
Commodity and Currency
Gold Declined and is currently at 1,668
Brent Crude Advanced and is currently at 92.6
USD/INR Advanced and is currently at 79.6
GBP/INR Declined and is currently at 90.8
Nifty 50 Technicals
Max Pain: 17,650 (-1.39%)
PCR: 0.49 (-31.94%)
RSI: Neutral
MACD: Bullish
Moving Average: Bullish
ATR: High Volatile
Max Put OI:
17,000 (92,430; +129.95%)
16,500 (83,391; +84.32%)
Max Call OI:
19,000 (1,86,341; +245.47%)
18,000 (1,52,046; +101.69%)
Bank Nifty Technicals
Max Pain: 40,900 (-0.72%)
PCR: 0.70 (-20.45%)
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
40,000 (49,236; +11.43%)
39,000 (46,635; +42.08%)
Max Call OI:
41,500 (83,707; +45.90%)
42,000 (80,282; +82.86%)
Stock Picks
Bullish Stocks: ADANIENT, INDUSIND BANK, and MFSL
Bearish Stocks: INDIA CEMENT, SBI, and INTELLECT
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,500 - 17,800
Bank Nifty may trade between 40,400 - 41,300
That’s all for today!
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