Market Recap
Nifty Futures opened gap down, Advanced 62 points to Close at 17,628.
Bank Nifty Futures opened gap down, Advanced 94 points to close at 40,931.
India Vix closed at 19.9 (+0.59%)
FII Bought for INR 312 Cr.
DII Sold for INR 95 Cr.
Volume Gainers: ITC, AXIS BANK and SBI
Volume Losers: TATA STEEL, ONGC, and TATA MOTORS
Global Markets
Dow Jones Advanced and is currently at 31,165
US VIX is at 25.7 (-2.05%)
NASDAQ Futures Advanced and is currently at 12,050
DAX Advanced and is currently at 12,898
Nikkei Futures Advanced and is currently at 27,410
Commodity and Currency
Gold Declined and is currently at 1,674
Brent Crude Advanced and is currently at 92.4
USD/INR is Fla at 79.6
GBP/INR Declined and is currently at 90.8
Nifty 50 Technicals
Max Pain: 17,600 (-0.28%)
PCR: 0.70 (+42.85%)
RSI: Neutral
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
17,000 (1,08,0625; +32.98%)
16,500 (98,694; +18.35%)
Max Call OI:
18,000 (1,31,135; -13.75%)
17,900 (1,24,919; -4.11%)
Bank Nifty Technicals
Max Pain: 41,000 (+0.24%)
PCR: 0.78 (+11.42%)
RSI: Bullish
MACD: Bullish
Moving Average: Bullish
ATR: Low Volatile
Max Put OI:
40,000 (65,404; +32.83%)
38,500 (60,441; +4.78%)
Max Call OI:
42,000 (1,01,096; +25.92%)
43,000 (96,606; +34.76%)
Stock Picks
Bullish Stocks: AMBUJA CEMENT, ESCORTS, and LUPIN
Bearish Stocks: TCS, IEX, and BERGER PAINTS
Summary
Global Markets indicate Bullish Sentiment
Technicals indicate Bullish Sentiment
Nifty may trade between 17,500 - 17,800
Bank Nifty may trade between 40,500 - 41,300
That’s all for today!
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